Zoo Inc paid $268,000 to purchase 80% of the outstanding stock of Bird Corporation, on December 31, 2005. The following year-end information was available just before the purchase:
									Zoo		Bird Book Value		Bird
Book Value	Fair
	Value
Cash	$	378,000	$	40,000	$	40,000
Accounts Receivable		130,000		76,000		76,000
Inventory		240,000		50,000		55,000
Land		220,000		80,000		55,000
Plant and equipment-net		660,000		200,000		215,000
	$	1,628,000	$	446,000	$
Accounts Payable	$	440,000	$	11,000	$	11,000
Bonds Payable		468,000		100,000		95,000
Capital stock, $10 par value		200,000
Capital stock, $15 par value				225,000
Additional paid-in capital		200,000		80,000
Retained earnings		320,000		30,000
	$	1,628,000	$	446,000
Required:
1	Prepare Zoos consolidated balance sheet on December 31, 2005.