Problem 2-25 (LO 2-5, 2-6a, 2-6b, 2-8) On May 1, Soriano Co. reported the following account balances along with their estimated fair values Carrying Amount Receivables Inventory Copyrights Patented technology Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equities Fair Value $ 221,500 $ 221,500 81,000 496, 508 610,000 $ 1,268,000 $ 1,409,800 $186,000 $ 186,900 704,008 81,800 131,50e 834,806e 714,008 100,80e 268,008 $ 1,268,000 On that day, Zambrano paid cash to acquire all of the assets and liabilities of Soriano, which will cease to exist as a separate entity To facilitate the merger, Zambrano also paid $148,500 to an investment banking firm. The following information was also available