5. (20 pts) Flounder purchased 100% of Sole for $325,000 on Jan 1, 2020. On that date, Equipment was considered undervalued by $60,000 and had a five year life, and Other Intangibles were overvalued by $10,000 and had a four year life. Book Value of Sole on that date was $150,000. Goodwill accounts for the rest of the excess. Below are the income and dividends for 2020 for Sole as reported by Sole: 2020 Income $ 50,000 Dividends $ 10,000 a. Prepare a schedule of distribution of excess of cost/fair value at Jan 1, 2020 and any amortization of assets