Pool Industries paid $540,000 to purchase 75% of the outstanding stock of Swimmer Corporation, on December 31, 20X4. Any excess fair value over the identified assets and liabilities is attributed to goodwill. The following year-end information was available just before the purchase: Cash Accounts Receivable Inventory Land Plant and equipment-net Pool Book Value $756,000 260,000 480,000 440,000 1,320,000 $3,256,000 Swimmer Book Value $80,000 152,000 100,000 160,000 400,000 $892,000 Swimmer Fair Value $80,000 152,000 120,000 140,000 430,000 $922,000 Accounts Payable $880,000 $22,000 $22,000 Bonds Payable 936,000 200,000 180,000 Capital stock, $10 par value 400,000 Capital stock, $15 par value 450,000 Additional paid-in capital 400,000 160,000 Retained earnings 640,000 60,000 $3,256,000 $892,000 Calculate the amounts for the following accounts that would be reported for the consolidated entity immediately following the purchase on December 31, 20X4: 1 What amount of Inventory will be reported? of 20