Homework answers / question archive / On June 30, 2020, Wisconsin, Inc

On June 30, 2020, Wisconsin, Inc

Accounting

Share With

On June 30, 2020, Wisconsin, Inc., issued $207,100 in debt and 20,600 new shares of its $10 par value stock to Badger Company owners in exchange for all of the outstanding shares of that company. Wisconsin shares had a fair value of $40 per share. Prior to the combination, the financial statements for Wisconsin and Badger for the six-month period ending June 30, 2020, were as follows (credit balances in parentheses): 

Expenses Net income Retained earnings, 1/1 Net income Dividends declared Retained earnings, 6/30 Cash Receivables and inventory Patented technology (net) Equipment (net) Total assets Liabilities Common stock Additional paid-in capital Retained earnings Total liabilities and equities 

Wisconsin Badger $ (1,036,000) $ (383,000) 741,000 237,000 $ (295,000) $ (146,000) $ (875,000) $ (213,000) (295,000) (146,000) 107,750 $(1,062,250) $ (359,000) $ 81,250 $ 106,000 400,000 193,000 982,000 307,000 799,000 644,000 $ 2,262,250 $ 1,250,000 $ (570,000) $ (421,000) (360,000) (200,000) (270,000) (270,000) (1,062,250) (359,000) $(2,262,250) $(1,250,000) 
 

Wisconsin also paid $30,100 to a broker for arranging the transaction. In addition, Wisconsin paid $41,000 in stock issuance cost Badger's equipment was actually worth $807,500, but its patented technology was valued at only $284,000. 
What are the consolidated balances for the following accounts?