Allison Corporation acquired all of the outstanding voting stock of Mathias, Incorporated, on January $1,2023,$ in exchange for

$$6,100,500$ in cash. Allison intends to maintain Mathias as a wholly owned subsidiary. Both companies have December $31$ fiscal year$-$

ends. At the acquisition date, Mathias's stockholders' equity was $$2,055,000$ including retained earnings of $$1,555,000.$

At the acquisition date, Allison prepared the following fair$-$value allocation schedule for its newly acquired subsidiary:

Postacquisition, Allison employs the equity method to account for its investment in Mathias. During the two years following the

business combination, Mathias reports the following income and dividends:

No asset impairments have occurred since the acquisition date.

Individual financial statements for each company as of December $31,2024,$ follow. Parentheses indicate credit balances. Dividends

declared were paid in the same period.

Requlred:

a$.$ Determine the annual excess fair over book value amortization.

b$.$ Prepare a worksheet to determine the consolidated values to be reported on Allison's financial statements.