Question: Help Save & Exit Submit 1 Check my werk On January 1, 20X3. Parade Corporation reported total assets of $470.000, liabilities of $270,000, and stockholders'

Help Save & Exit Submit 1 Check my werk On January 1, 20X3. Parade Corporation reported total assets of $470.000, liabilities of $270,000, and stockholders' equity of $200,000. At that date, Summer Corporation reported total assets of $190,000, liabilities of $135,000, and stockholders' equity of $55.000 Following lengthy negotiations, Parade paid Summer's existing shareholders $44,000 in cash for 80 percent of the voting common shares of Summer 20 points ook Required: Immediately after Parade purchased the Summer shares a. What amount of total assets did Parade report in its individual balance sheet? Print Amount of total assets b. What amount of total assets was reported in the consolidated balance sheet? Amount of total assots 1 20 points c. What amount of total liabilities was reported in the consolidated balance sheet? Amount of total liabilities eBook Print References d. What amount of stockholders' equity was reported in the consolidated balance sheet? Amount of stockholders' equity
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