The Following Are Preliminary Financial Statements for Green Co

Short Answer

The following are preliminary financial statements for Green Co.and Gold Co.for the year ending December 31, 2018 prior to Black's acquisition of Blue.
On December 31, 2018 (subsequent to the preceding statements), Green exchanged 10,000 shares of its $10 par value common stock for all of the outstanding shares of Gold.Green's stock on that date has a fair value of $60 per share.Green was willing to issue 10,000 shares of stock because Gold's land was appraised at $204,000.Green also paid $14,000 to attorneys and accountants who assisted in creating this combination.
Required:
Assuming that these two companies retained their separate legal identities, prepare a consolidation worksheet as of December 31, 2018 after the acquisition transaction is completed.