Post Records Inc. acquired all of Script Studios' voting shares on January 1, 20X2, for $280,000. Post's balance sheet immediately after the combination contained the following balances: POST RECORDS INC. Balance Sheet January 1, 20X2 Cash & Receivables Inventory $120,000 Accounts Payable $ 75,000 110,000 Taxes Payable 50,000 Land 70,000 Notes Payable 300,000 Buildings & Equipment (net) 350,000 Common Stock 400,000 Investment in Script Studios 280,000 Retained Earnings 105,000 Total Assets $930,000 Total Liabilities & Stockholders' Equity $930,000 Script Studios' balance sheet at acquisition contained the following balances: SCRIPT STUDIOS Balance Sheet January 1, 20X2 Cash & Receivables $ 40,000 Accounts Payable Inventory 180,000 Notes Payable Buildings & Equipment (net) 350,000 Common Stock Goodwill 30,000 Additional Paid-In Capital Retained Earnings Total Assets $600,000 Total Liabilities & Stockholders' Equity $ 90,000 250,000 100,000 200,000 (40,000) $600,000 On the date of combination, the inventory held by Script had a fair value of $170,000, and its buildings and recording equipment had a fair value of $375,000. Goodwill reported by Script resulted from a purchase of Sound Stage Enterprises in 20X1. Sound Stage was liquidated and its assets and liabilities were brought onto Script's books. Required Compute the balances to be reported in the consolidated balance sheet immediately after the acquisition for: a. Inventory. b. Buildings and Equipment (net). c. Investment in Script Stock. d. Goodwill. e. Common Stock. f. Retained Earnings