The balance sheets of Par Ltd. and Sub Ltd. on December 31, Year 1, are as follows:

The fair values of the identifiable net assets of Sub on December 31, Year 1, are as follows:

Assume that the following took place on January 1, Year 2.
Case 1. Par paid $95,000 to acquire all of the common shares of Sub.
Case 2. Par paid $76,000 to acquire 80% of the common shares of Sub.
Case 3. Par paid $80,000 to acquire all of the common shares of Sub.
Case 4. Par paid $70,000 to acquire all of the common shares of Sub.
Case 5. Par paid $63,000 to acquire 90% of the common shares of Sub.
Required:
For each of the five cases, prepare a consolidated balance sheet as at January 1, Year 2.

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Par Ltd. Sub Ltd $2,000 7,000 21,000 51,000 7,000 $88,000 $10,000 20,000 30,000 28,000 $88,000 Cash Accounts receivable Inventory Plant Trademarks $100,000 25,000 30,000 175,000 $330,000 50,000 80,000 110,000 90,000 $330,000 Current liabilities Long-term debt Common shares Retained earnings Cash Accounts receivable Inventory Plant Trademarks $ 2,000 7,000 26,000 60,000 14,000 109,000 Current liabilities Long-term debt $10,000 19,000 29,000 80,000 Net assets