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 Strand $118.250 $37.000 98,500 44.500 $ 216750 $8.500 Current Sabiles Long-term debt Stockholdersequity Toutes and cutie $ 50.250 $ 3500 74.500 92.000 50,000 $ 246350 $81500 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) References Section Break Use the following information for Pro 17-21 1. Required information Problem 4-20 (LO 4-2) On a consolidated balance sheet as of January 2, what should be the amount for noncurrent liabilities? 3133.180 O $126,660 $139700 O $74,500