Siemens uses an activity-based costing system. The activity cost pools and cost drivers are as follows: order processing costs $3,000,000 with 10,000 orders, machine setup costs $4,000,000 with 1,000 setups, and inspection costs $2,000,000 with 25,000 inspections. Calculate the cost driver rate for each activity and determine the cost assigned to a product requiring 300 orders, 50 setups, and 3,000 inspections. Prepare the balance sheet after the formation of the partnership.