On December 31, 2013, Big Company acquired Tiny Company for $150,000. This amount exceeded the recorded value of Tiny Company's net assets by $30,000 on the acquisition date. The entire excess was attributable to a Tiny Company building that had a remaining useful life of 20 years as of the acquisition date. Information reported for the two companies for 2012 and 2013 was as follows:
2013 2012
Big Company:
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $500,000........$400,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000...........50,000
Tiny Company:
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 75,000.........$ 90,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000............20,000
Prepare the necessary pro forma information that would be included in the notes to Big Company's 2013 financial statements. For simplicity, ignore income taxes.