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26. On June 30, 2017, Wisconsin, Inc., issued$300,000 in debt and 15,000 new shares of its $10 par value stockto Badger Company owners in exchange for all of the outstandingshares of that company. Wisconsin shares had a fair value of $40per share. Prior to the combination, the financial statements forWisconsin and Badger for the six-month period ending June 30, 2017,were as follows:

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	Wisconsin	Badger
Revenues	$?(900,000)	$?(300,000)
Expenses	??660,000	??200,000
?Net income	$?(240,000)	$?(100,000)
Retained earnings, 1/1	$?(800,000)	$?(200,000)
Net income	?  (240,000)	?(100,000)
Dividends declared	??90,000	???–0–
?Retained earnings, 6/30	$?(950,000)	$?(300,000)
Cash	$       80,000	$      110,000
Receivables and inventory	??400,000	??170,000
Patented technology (net)	??900,000	??300,000
Equipment (net)	??700,000	??600,000
?Total assets	$ 2,080,000	$   1,180,000
Liabilities	$ ?(500,000)	$     (410,000)
Common stock	?  (360,000)	(200,000)
Additional paid-in capital	?  (270,000)	(270,000)
Retained earnings	(950,000)	(300,000)
?Total liabilities and equities	$ (2,080,000)	$ (1,180,000)

1. Wisconsin also paid $30,000 to a broker for arranging thetransaction. In addition, Wisconsin paid $40,000 in stock issuancecosts. Badger’s equipment was actually worth $700,000, but itspatented technology was valued at only $280,000.

What are the consolidated balances forthe following accounts?

1. Net income.
2. Retained earnings, 1/1/17.
3. Patented technology.
4. Goodwill. please explain this one better thankyou
5. Liabilities.
6. Common stock.
7. Additional paid-in capital.