Bar Corporation has been looking to expand its operations and has decided to acquire the assets of Vicker Company and Kendal Company. Bar will issue 30,000 shares of its $10 par common stock to acquire the net assets of Vicker Company and will issue 15,000 shares to acquire the net assets of Kendal Company.
Vicker and Kendal have the following balance sheets as of December 31, 2011:

The following fair values are agreed upon by the firms:

Bar€™s stock is currently trading at $40 per share. Bar will incur $5,000 of acquisition costs in acquiring Vicker and $4,000 of acquisition costs in acquiring Kendal. Bar will also incur $15,000 of registration and issuance costs for the shares issued in both acquisitions.
Bar€™s stockholders€™ equity is as follows:
Common stock ($10 par) .......... $1,200,000
Paid-in capital in excess of par ........ 800,000
Retained earnings ............. 750,000
Required
Record the acquisitions on the books of Bar Corporation. Value analysis is suggested to guide your work.

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Assets Vicker Kendal Accounts revable... nventory.. Property, plant, and equipment: 200,000 80,000 85,000 150,000 Land Buildings Accumulated depreciation 50,000 300,000 150,000 (110,000 850,000 405,000 Kendal 150,000 500,000 .. . Tolal assets... Liabilities and Equity Vicker Current liabilities Bonds payable... Stockholders' equity: $160,000 55,000 100,000 100,000 Common stock ($10 par]. Retained earnings. 300,000 .290,000 100,000 150,000 Total liabilities and equity $850,000 405,000 Vicker Kendal Assets $190,000 $100,000 Inventory. Land. 300,000 450,000 80,000 400,000 Buildings Bonds poyable 95,000