SUN acquired 100% of the voting shares of MOON. In exchange, SUN issued 60,000 common shares, with a market value of $22 per share, to the common shareholders of MOON. Both companies have a June 30 year-end, and this transaction occurred on June 30, 2020. The following are the statements of financial position of the two companies at June 30, 2020 before the transaction took place. Statements of Financial Position June 30, 2020 Carrying Value SUN Moon Fair Values Carrying Value Fair Values $ $ 400,000 $ 200,000 225,000 12,000,000 1,000,000 950,000 $ Current assets 450,000 Capital assets (net) 14,000,000 Goodwill 200,000 Total 14,650,000 $ Current liabilities Long-term liabilities 200,000 600,000 Preferred shares Common shares 250,000 Retained earnings 13,600,000 14,650,000 $ 100,000 625,000 1,200,000 $ $ 145,000 150,000 200,000 180,000 200,000 200,000 250,000 405,000 1,200,000 Instructions: Enter all numbers without dollar signs. Round numbers to the nearest whole dollar do not enter any decimals in your number. Use commas properly. If the amount is zero, enter 0, do not leave any answers blank. For example, a properly formatted number is 125,250. Numbers incorrectly formatted with not result in any marks. Required Using the consolidated statement of financial position for the date of acquisition determine the following Current assets Capital assets (net) Goodwill A/ A/ Current liabilities A/ Long-term liabilities Long-term liabilities A/ A/ Preferred shares Common shares Retained earnings A A