The balance sheets of Par Ltd. and Sub Ltd. on December 31, Year 1, are as follows: Par Ltd. Sub Ltd. Cash $100,000 $ 2,000 Accounts receivable 25,000 7,000 Inventory 30,000 21,000 Plant 175,000 51,000 Trademarks 7,000 $330,000 $88,000 Current liabilities 50,000 $10,000 Long-term debt 80.000 20,000 Common shares 110,000 30,000 Retained earnings 90.000 28,000 $330,000 $88,000 The fair values of the identifiable net assets of Sub on December 31, Year 1, are as follows: Cash $ 2,000 Accounts receivable 7,000 Inventory 26,000 Plant 60,000 Trademarks 14,000 109,000 Current liabilities $10,000 Long-term debt 19,000 29,000 Net assets $ 80,000 Assume that the following took place on January 1, Year 2. Case 1. Par paid $95,000 to acquire all of the common shares of Sub. Case 2. Par paid $76,000 to acquire 80% of the common shares of Sub. Case 3. Par paid $80,000 to acquire all of the common shares of Sub. Case 4. Par paid $70,000 to acquire all of the common shares of Sub. Case 5. Par paid $63,000 to acquire 90% of the common shares of Sub. Required: For each of the five cases, prepare a consolidated balance sheet as at January 1, Year 2