Just need Additional paid in capital On June 30, 2020, Wisconsin, Inc., issued $158,250...
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Just need Additional paid in capital
On June 30, 2020, Wisconsin, Inc., issued $158,250 in debt and 19,400 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 also paid $37,000 to a broker for arranging the transaction. In addition, Wisconsin paid $46,600 in stock issuance costs. Badger's equipment was actually worth $811,250, but its patented technology was valued at only $269,600. Wisconsin also paid $37,000 to a broker for arranging the transaction. In addition, Wisconsin paid $46,600 in stock issuance costs. Badger's equipment was actually worth $811,250, but its patented technology was valued at only $269,600. What are the consolidated balances for the following accounts? (Input all amounts as positive values)
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