Statue Corporation's balance sheet at January 1, 20X7, reflected the following balances: Assets Cash & Receivables Inventory Land Buildings & Equipment (net) Total Assets Liabilities & Stockholders' Equity Accounts Payable Income Taxes Payable Bonds Payable Common Stock Retained Earnings $ 798,000 Total Liabilities & Stockholders' Equity $ 97,000 138,000 72,000 491,000 Book Value $ 138,000 72,000 491,000 $ 35,000 46,000 307,000 230,000 180,000 $ 798,000 Prize Corporation entered into an active acquisition program and acquired 80 percent of Statue's common stock on January 2, 20X7, for $430,000. The fair value of the noncontrolling interest at that date was determined to be $107,500 A careful review of the fair value of Statue's assets and liabilities indicated the following: Fair Value $ 158,000 62,000 563,000 eck my work Inventory Land Buildings & Equipment (net) Goodwill is assigned proportionately to Prize and the noncontrolling shareholders. Required: Compute the appropriate amount related to Statue to be included in the consolidated balance sheet immediately following the acquisition for each of the following items:

Statue Corporation's balance sheet at January 1,207, reflected the following balances: Prize Corporation entered into an active acquisition program and acquired 80 percent of Statve's common stock on January 2,20X for $430,000. The fair value of the noncontrolling interest at that date was determined to be $107,500 A careful review of the fair value of Statue's assets and liabilites indicated the following Goodwill is assigned proportionotely to Prize and the noncontrolling shareholders Required: Compute the oppropriate amount related to Statue to be included in the consolidated balance sheet immediately following the acquisition for each of the following items: \begin{tabular}{|l|l|} \hline a. Inventory & \\ \hline b. Land & \\ \hline c. Buildings and equipment (net) \\ \hline d. Goodwill \\ \hline e. Investment in Statue Corporation \\ \hline f. Noncontrolling interest \\ \hline \end{tabular}