Hello can someone help me with this problem, I am struggling to get the answer, if you could kindly show me step by step on how to get the answer I would greatly appreciate it.

Use the following information for Problems 17-21

On January 1, Park Corporation and Strand Corporation had condensed balance sheets as follows:

	Park	Strand
Current assets	$	68,000	$	18,900
Noncurrent assets		102,250		48,100
Total assets	$	170,250	$	67,000
Current liabilities	$	37,000	$	17,000
Long-term debt		52,250
Stockholders' equity		81,000		50,000
Total liabilities and equities	$	170,250	$	67,000

On January 2, Park borrowed $66,400 and used the proceeds to obtain 80 percent of the outstanding common shares of Strand. The acquisition price was considered proportionate to Strands total fair value. The $66,400 debt is payable in 10 equal annual principal payments, plus interest, beginning December 31. The excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60 percent) and to goodwill (40 percent).

ReferencesSection BreakUse the following information for Problems 17-21

2.value: 10.00 points Required information

Problem 4-20 (LO 4-2)

On a consolidated balance sheet as of January 2, what should be the amount for noncurrent liabilities?

$118,650.$112,010.$52,250.$105,370.