Sam Company purchased all of the shares of Johns Company for $5,000,000 in cash on January 1, 2015. At the date of acquisition, fair values of John's current assets totaled $350,000, fair values of Johns long-term assets totaled $2,800,000, and fair values of Johns liabilities were the same as reported values. John's has no previously unreported assets or liabilities. The balance sheets of Sam and Johns just after the acquisition appear below.

Sam Co......... John's Co.

Dr (Cr)

Current assets $ 3,000,000........ $ 500,000

Long-term assets 9,000,000........ 4,000,000

Investment in Stewart Co. 5,000,000

Liabilities (4,000,000)....... (3,500,000)

Common stock (50,000)....... (40,000)

Additional paid-in capital (7,250,000)......... (395,000)

Retained earnings (3,900,000)..........(700,000)

Treasury stock 200,000 ........ 35,000

Accumulated other comprehensive income (2,000,000)........... 100,000

1. On the consolidated balance sheet at the date of acquisition, what is the balance for retained earnings?

2. On the consolidated balance sheet on the date of acquisition, what is the balance for long-term assets?

3. On the consolidated balance sheet on the date of acquisition, what is the balance for goodwill?