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Puzzle Corporation acquired 100 percent of the common stock of Solver Company by issuing 10,000 shares of $10 par common stock with a market value

Puzzle Corporation acquired 100 percent of the common stock of Solver Company by issuing 10,000 shares of $10 par common stock with a market value of $60 per share. Summarized balance sheet data for the two companies immediately preceding the acquisition are as follows:

Puzzle Corporation Solver Corporation
Book Value Fair Value Book Value Fair Value
Total Assets $ 1,200,000 $ 1,500,000 $ 900,000 $ 1,300,000
Total Liabilities $ 800,000 $ 700,000 $ 600,000 $ 750,000
Total Stockholders Equity 400,000 300,000
$ 1,200,000 $ 900,000

Required: Determine the dollar amounts to be presented in the consolidated balance sheet for (1) total assets, (2) total liabilities, and (3) total stockholders' equity.

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