1. Tiger Company and Bulldog Company merge on January 1, 2018. Before the merger transaction, the balance sheets of the two companies are as follows:

(In thousands)	Tiger Company	Bulldog Company
Assets	$8,300	$4,200
Liabilities	1,900	1,200
Common stock ($3 par value)	600	300
Additional paid-in capital	1,200	900
Retained earnings	4,600	1,800
Total liabilities and equities	$8,300	$4,200

Tiger issues 50,000 shares of its common stock with a market value of $3,400 thousand to the owners of Bulldog in return for their 100,000 shares of Bulldog Company common stock. The assets of Bulldog Company have a market value in excess of book value of $100 thousand. Tiger is the parent company.

REQUIRED:

Prepare a consolidated balance sheet for the Tiger Company on January 1, 2018.

1. What are total assets of the consolidated entity?

2. What amount of goodwill appears on the consolidated balance sheet?

3. What is the book value of consolidated Common Stock?