Allen Company acquired 100 percent of Bradford Company's voting stock on January 1,2020, by issuing 10,000 shares of its $10 par value common stock (having a fair value of $14 per share). As of that date. Bradford had stockholders' equity totaling $105,000. Land shown on Bradford's accounting records was undervalued by $10,000. Equipment (with a five-year remaining life) was undervalued by $5,000. A secret formula developed by Bradford was appraised at $20,000 with an estimated life of 20 years. The following are the separate financial statements for the two companies for the year ending December 31,2024 . There were no intra-entity payables on that date. Credit balances are indicated by parentheses. Required: a-1. Complete the table to show the allocation of the fair value in excess of book value. a-2. Complete the table to show the computation for Subsidiary Earnings. b. Complete the worksheet by consolidating the financial information for these two companies