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The financial statements for CAP Inc. and SAP Company for the year ended December 31, Year 5, follow. Revenues Expenses Profit Retained earnings, 1/1/Year 5

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The financial statements for CAP Inc. and SAP Company for the year ended December 31, Year 5, follow. Revenues Expenses Profit Retained earnings, 1/1/Year 5 Profit Dividends paid Retained earnings, 12/31/Year 5 Equipment (net) Patented technology (net) Receivables and inventory Cash Total assets Ordinary shares Retained earnings Liabilities Total equities and liabilities CAP $902,000 661,000 $ 241,000 $ 801,000 241,000 91,000 $ 951,000 $ 701,000 901,000 401,000 81,000 $2,084,000 $ 532,000 951,000 601,000 $2,084,000 SAP $ 302,000 201,000 $ 101,000 $ 202,000 101,000 0 $ 303,000 $ 61,000 362,000 171,000 111,000 $1,185,000 $ 471,000 303,000 411,000 $1,185,000 On December 31, Year 5, after the above figures were prepared, CAP issued $301,000 in debt and 14,000 new shares to the owners of SAP to purchase all of the outstanding shares of that company. CAP shares had a fair value of $41 per share, CAP also paid $30,500 to a broker for arranging the transaction. In addition, CAP pald $41,000 in stock Issuance costs. SAP's equipment was actually worth $713,000 but its patented technology was volued at only $271,000. Required: What are the balances for the following accounts on the Year 5 consolidated financial statements? On December 31, Year 5, after the above figures were prepared. CAP Rsued $301.000 in debt and 14.000 new shares to the owners of SAP to purchase all of the outstanding shares of that company. CAP shares had a fair value of $41 per share. CAP also paid $30,500 to a broker for arranging the transaction. In addition, CAP pold $41,000 in stock issuance costs SAP's equipment was actually worth $713,000 but its patented technology was valued at only $271,000. Required: What are the balances for the following accounts on the Year 5 consolidated financial statements? (a) Profit (b) Retained earnin, 12/1/Years (c) Eupent (d) Patented technology (e) Goodwill (f) Ordinary Shares (6) Liabilities 27300 061000 $ 15000 $ 11/2000 $ $ $1313000

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