Use the following information for Problems 17-21 On January 1, Park Corporation and Strand Corporation had condensed balance sheets as follows: Current assets Noncurrent assets Park $ 118,250 98,500 Strand $ 37,000 44,500 Total assets $ 216,750 $81,500 $ 31,500 Current liabilities Long-term debt Stockholders' equity $ 50,250 74,500 92,000 50,000 Total liabilities and equities $ 216,750 $ 81,500 On January 2, Park borrowed $65,200 and used the proceeds to obtain 80 percent of the outstanding common shares of Strand. The acquisition price was considered proportionate to Strand's total fair value. The $65,200 debt is payable in 10 equal annual principal payments, plus interest, beginning December 31. The excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60 percent) and to goodwill (40 percent). Problem 4-20 (LO 4-2) On a consolidated balance sheet as of January 2, what should be the amount for noncurrent liabilities? $133,180 $126,660 $139,700. O $74,500