Prepare balance sheet after acquisition

Comparative balance sheets for Pop and Son Corporations at December 31, 2015, are as follows (in thousands):

	Pop	Son
Current assets	$2,080	$ 960
Land	800	1,600
Buildingsnet	4,800	1,600
Equipmentnet	3,520	3,840
Total assets	$11,200	$8,000
Current liabilities	$ 800	$ 960
Capital stock, $10 par	8000	3,200
Additional paid-in capital	800	2,240
Retained earnings	1,600	1,600
Total equities	$11,200	$8,000

On January 2, 2016, Pop issues 240,000 shares of its stock with a market value of $40 per share for all the outstanding shares of Son Corporation in an acquisition. Son is dissolved. The recorded book values reflect fair values, except for the buildings of Pop, which have a fair value of $6,400,000, and the current assets of Son, which have a fair value of $1,600,000. Pop pays the following expenses in connection with the business combination:

Costs of registering and issuing securities $240,000

Other direct costs of combination $400,000

REQUIRED: Prepare the balance sheet of Pop Corporation immediately after the acquisition.