question Advanced Accounting

The previous attempt. View previo On June 30, 2020, Wisconsin, Inc., issued $207,100 in debt and 20,600 new shares of its $10 par value stock to Badger Company owners in exchange for all of the outstanding shares of that company. Wisconsin shares had a fair value of $40 per share. Prior to the combination, the financial statements for Wisconsin and Badger for the six-month period ending June 30, 2020, were as follows (credit balances in parentheses): Wisconsin Revenues Badger Expenses $ (1, 036,000) $ (383,000) 741, 000 237,000 Net income $ (295,000) $ (146, 000) Retained earnings, 1/1 $ (875,000) $ (213,000) Net income (295,000) Dividends declared (146, 000) 107,750 0 Retained earnings, 6/30 $ (1, 062, 250) $ (359, 000) Cash $ 81, 250 $ 106, 000 Receivables and inventory 400, 000 193,000 Patented technology (net) 982, 000 307, 000 Equipment (net) 799, 000 644, 000 Total assets $ 2, 262, 250 $ 1, 250,000 Liabilities $ (570,000) $ (421, 000) Common stock (360,000) (200,000) Additional paid-in capital (270,000) (270,000) Retained earnings (1, 062, 250) (359,000) Total liabilities and equities $ (2, 262, 250) $ (1, 250, 000) Wisconsin also paid $30,100 to a broker for arranging the transaction. In addition, Wisconsin paid $41,000 in stock issuance costs. Badger's equipment was actually worth $807,500, but its patented technology was valued at only $284,000. What are the consolidated balances for the following accounts? (Input all amounts as positive values) Accounts Amounts a. Net income b. Retained earnings, 1/1/20 C. Patented technology (net) d. Goodwill e. Liabilities f. Common stock g. Additional paid-in capital CA