7-On January 1, 2015, Shea Corporation acquired all of the outstanding common stock of Sophia's Stuff, Inc. for $2,500,000 cash. The excess of the acquisition price over book value of Sophia's Stuff's stockholders' equity consisted of the following: Equipment, 8-year life, overvalued by $400,000 Building, 10-year life, undervalued by $65,000 Goodwill, indefinite life, $240,000 Required: a. Compute the amount of the excess that will be allocated to building after completion of the December 31, 2018, consolidation worksheet. b. Compute the amount of the excess that will be allocated to equipment after completion of the December 31, 2018, consolidation worksheet