please solve

til. Determining ending balances of accounts on the consolidated balance sheet Assume the parent company acquires its subsidiary by exchanging 80,000 shares of its Common Stock, with a fair value on the acquisition date of $24 per share, for all of the outstanding voting shares of the investee. In its analysis of the investee company, the parent values all of the subsidiary's assets and liabilities at an amount equaling their book values except for a building that is undervalued by $400,000, an unrecorded License Agreement with a fair value of $200,000, and an unrecorded Customer List owned by the subsidiary with a fair value of $100,000. Any further discrepancy between the purchase price and the book value of the subsidiary's Stockholders' Equity is attributed to expected synergies to be realized by the consolidated company as a result of the acquisition. a. Given the following acquisition-date balance sheets of the parent and subsidiary, at what amounts will each of the following be reported on the consolidated balance sheet? 1. Accounts Receivable 2. Equity Investment 3. PPE, net 4. Goodwill 5. Common Stock I5. APIC T. Retained Earnings Balance Sheet Parent Subsidiary Assets Cash . . . . $ 700,000 $ 200,000 Accounts receivable . 300,000 400,000 Inventory . . . . .. 450,000 500,000 Equity investment . . ... 1,920,000 Property, plant and equipment (PPE), net . . . . 1,500,000 900,000 $4,870,000 $2,000,000 Liabilities and stockholders' equity Accounts payable . . .. . ... $ 150,000 $ 100,000 Accrued liabilities . . ... 180,000 200,000 Long-term liabilities . ... 1,000,000 550,000 Common stock . . .. 140,000 100,000 APIC . . .... . ... 2,000,000 150,000 Retained earnings . ... 1,400,000 900,000 $4,870,000 $2,000,000 b. What intangible assets will be reported on the consolidated balance sheet and at what amounts? Where were these assets on the parent or subsidiary's balance sheets