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Adams Corporation acquired 90 percent of the outstanding voting shares of Barstow, Inc., on December 31,2019 , Adams paid a total of $603,000 in cash

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Adams Corporation acquired 90 percent of the outstanding voting shares of Barstow, Inc., on December 31,2019 , Adams paid a total of $603,000 in cash for these shares. The 10 percent noncontrolling interest shares traded on a daily basis at fair value of $67,000 both before and after Adams's acquisition. On December 31, 2019, Barstow had the following account balances: December 31, 2021, acjusted trial balances for the two companies follow: At yeat-end, there were no intra-entity recelvables or payables. a. Prepare schedules for acquisition-date fair-value allocations and amortizations for Adams's investment in Barstow. b. Determine Adams's method of accounting for its investment in Barstow. c \&d. Prepare a consolidation worksheet for Adams Corporation and Barstow, Inc., as of December 31. 2021. Answer is not complete. complete this question by entering your answers in the tabs below. a. Prepare schedules for acquisition-date fair-value allocations and amortizations for Adams's investment in Barstow. b. Determine Adarms's method of accounting for its investment in Barstow. ce.d. Prepare a consolidation worksheet for Adams Corporation and Barstow, Inc. as of December 31 , 2021 . (For accounts where miltiple consolidation entries are required, comblne all debit entries into one amount and enter this amount in the debit column of the warksheef. Similariy. combine ali credit entries into one amount and enter this amount in the credit colurnn of the worksheet. Input all amoents as positive values.)

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