Additional Time Used: 07 minutes, 05 seconds. v Question Completion Status: o. What is the balance in the Investment in Lexmark account on December 31, 2021: Attach File Browse My Computer Browse Content Collection QUESTION 3 Here is date-of-acquisition information on Fizzy Beverage's assets and liabilities (December 231, 2020): Book Value Fair Value Current assets $ 2,000 $ 1,200 Property, plant and equipment, net 18,000 8,000 Total assets $ 20,000 Liabilities $ 10,000 10,000 Capital stock 2,500 Retained earnings 7,400 Accumulated other comprehensive income 300 Treasury stock _(200) Total liabilities and equity $ 20,000 Cola King Company acquires all of the voting stock of Fizzy Beverage, paying the following amounts: Cash consideration to the former owners $40,000 Fair value of new no-par common stock issued 50,000 Registration fees on new stock issued, paid in cash 500 Accounting, consulting, and attorney services, paid in cash 2,000 Fizzy has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. Favorable lease agreements $ 3,000 Developed technology 30,000 Additional liabilities, (whose book value is $ 0) of $ 12,500 are recognized as a result of the acquisition Provide the consolidated balance sheet on December 31, 2020 given the following individual balances for the parent and the subsidiary Cola King Dr ( Cr) Fizzy Consolidated Dr (Cr) Dr (Cr) Current assets $ 30,000 $ 2,000 Property, plant & equipment, net 600,000 18,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answ 99- 9