Allen Company acquired 100 percent of Bradford Company's voting stock on January 1, 2017, by issuing 10,000 shares of its $10 par value common stock (having a fair value of $19.50 per share). As of that date, Bradford had stockholders' equity totaling $145,450. Land shown on Bradford's accounting records was undervalued by $10,700. Equipment (with a five-year remaining life) was undervalued by $6,850. A secret formula developed by Bradford was appraised at $32,000 with an estimated life of 20 years. The following are the separate financial statements for the two companies for the year ending December 31, 2021. There were no intra-entity payables on that date. Credit balances are indicated by parentheses. Revenues Cost of goods sold Depreciation expense Subsidiary earnings Net income Retained earnings, 1/1/21 Net income (above) Dividends declared Allen Company $ (653,000) 216,000 $ 135,000 (69,630) (371,630) $ (792,000) (371,630) 175,500 Bradford Company $ (212,500) 79,000 60,900 $ (72,600) $ (105,000) (72,600) 40,000 $ (137,600) $ 99,000 Retained earnings, 12/31/21 $ (988,130) Current assets Investment in Bradford Company Land Buildings and equipment (net) Total assets Current liabilities $ 454,000 237,300 430,000 Common stock Additional paid-in capital Retained earnings, 12/31/21 Total liabilities and equity 814,000 $ 1,935,300 $ (257,170) (600,000) (90,000) (988,130) $(1,935,300) 66,600 182,000 $ 347,600 $ (145,000) (60,000) (5,000) (137,600) $ (347,600) 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. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B