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  3. on december 31, 20x1, par inc reported total asset

On December 31, 20x1, Par Inc reported total assets of $770,263, while Sub Corp reported...

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Accounting

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On December 31, 20x1, Par Inc reported total assets of $770,263, while Sub Corp reported total assets of $154,016. The fair values of Sub's assets and liabilities on the same date were $192,011 and $44,158 respectively. On the morning of January 1, 20x2. Par agreed to acquire 100% of Sub for a total value of $256,713 by issuing its own common shares as consideration. On the consolidated balance sheet immediately after the acquisition, what should be the total assets reported by the combined entity? O a $1,124,691 O b. $1,017,577 O c. $1,097,912 d. $1,071,134 e. $1,044,356

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