Prepare consolidation spreadsheet for continuous sale of inventory-Cost method A parent company acquired 100 percent of the stock of a subsidiary company on January 1, 2013, for $560,000. On this date, the balances of the subsidiary's stockholders' equity accounts were Common Stock, $35,000, Additional Paid-in Capital, $38,500, and Retained Earnings, $165,000. On the acquisition date, the excess was assigned to the following