The following balance sheets were prepared for Pam Corporation and Slest Company on January $1,20$X$2,$ just before they entered into a business combination:

$\backslash$table$[[$Item$,$Pam Corporation,Slest Company$],[$Book Value,Fair Value,Book Value,Fair Value$],[$Assets$,,,,],[$Cash and Receivables,$$158,000,$$$158,000,$$$97,000,$$$97,000$