The following balance sheets were prepared for Pam Corporation and Slest Company on January 1, 20X2, just before they entered into a business combination:

	Pam Corporation										Slest Company
Item	Book Value				Fair Value						Book Value						Fair Value
Assets
Cash & Receivables	$	157,000				$	157,000					$	96,000					$	96,000
Inventory		304,000					396,000						87,000						164,000
Buildings & Equipment		609,000					447,000						256,000						249,000
Less: Accumulated Depreciation		(239,000	)										(77,000	)
Total Assets	$	831,000				$	1,000,000					$	362,000					$	509,000
Liabilities & Equities
Accounts Payable	$	56,000				$	56,000					$	39,000					$	39,000
Notes Payable		189,000					204,000						29,000						34,000
Common Stock:
$10 par value		162,000
$8 par value													84,000
Additional Paid-In Capital		129,000											41,000
Retained Earnings		295,000											169,000
Total Liabilities & Equities	$	831,000										$	362,000

Pam acquired all of Slest Companys assets and liabilities on January 1, 20X2, in exchange for its common shares. Pam issued 8,200 shares of stock to complete the business combination. Required: Prepare a balance sheet of the combined company immediately following the acquisition, assuming Pams shares were trading at $60 each. (Amounts to be deducted should be indicated with minus sign.)