1. Prepare an allocation of acquisition value at the time of acquisition to determine any excess value. 2. Record the equity entries made by Alpha for 2015 and 2016. 3. Prepare the analysis and entries required for the worksheet in 2015 and 2016. Beta sold inventory costing $45,000 to Alpha for $75,000 in 2015. Alpha held $9,000 in inventory at the end of 2015. Beta sold inventory costing $77,000 to Alpha in 2016 for $140,000 Alpha held $10,000 in inventory at the end of 2016. On 1/1/2015 Alpha sold equipment with a book value of $10,000 to Beta for $14,000. The equipment orginally cost Alpha $18,000. The equipment has a remaining life of 5 years at 1/1/2015. 1. Prepare an allocation of acquisition value at the time of acquisition to determine any excess value. 2. Record the equity entries made by Alpha for 2015 and 2016. 3. Prepare the analysis and entries required for the worksheet in 2015 and 2016. Beta sold inventory costing $45,000 to Alpha for $75,000 in 2015. Alpha held $9,000 in inventory at the end of 2015. Beta sold inventory costing $77,000 to Alpha in 2016 for $140,000 Alpha held $10,000 in inventory at the end of 2016. On 1/1/2015 Alpha sold equipment with a book value of $10,000 to Beta for $14,000. The equipment orginally cost Alpha $18,000. The equipment has a remaining life of 5 years at 1/1/2015