Pent Corp. acquired 100% of Subtle Corp.s outstanding capital stock for $890,000 cash. Immediately before the acquisition, the balance sheets of both corporations reported the following: Pent Subtle Assets $4,000,000 $1,500,000 Liabilities $1,400,000 $ 720,000 Common stock 2,000,000 620,000 Retained earnings 500,000 80,000 Accumulated other comprehensive income 100,000 80,000 Liabilities and equity $4,000,000 $1,500,000 At the date of purchase, the fair value of Subtles assets was $100,000 more than the aggregate carrying amounts. In the consolidated balance sheet prepared immediately after the purchase, the consolidated equity should equal $3,490,000 $2,600,000 $3,480,000 $3,380,000