B. Jax Corp. paid $800K in cash to acquire all the outstanding voting (common) stock of Sax Corp. The transaction is properly accounted for using the Acquisition Method. On the acquisition date, Sax Corp. reflected the account balances listed: Cash $80K Inventory 240K Depreciable Assets 480K Liabilities 180K Common Stock 120K APIC 200K Retained Earnings 300K It was determined that Inventory has a Fair [Market] Value of $190K and the Depreciable Assets reflect a Fair [Market] Value of $560K. REQUIRED: 1. Prepare the Value (Price] Analysis schedule to determine the amount of any applicable Goodwill or Acquisition Gain (Loss) involved. 2. Prepare the DDE Schedule which confirms the applicable Goodwill or Acquisition Gain (Loss) involved. B. Jax Corp. paid $800K in cash to acquire all the outstanding voting (common) stock of Sax Corp. The transaction is properly accounted for using the Acquisition Method. On the acquisition date, Sax Corp. reflected the account balances listed: Cash $80K Inventory 240K Depreciable Assets 480K Liabilities 180K Common Stock 120K APIC 200K Retained Earnings 300K It was determined that Inventory has a Fair [Market] Value of $190K and the Depreciable Assets reflect a Fair [Market] Value of $560K. REQUIRED: 1. Prepare the Value (Price] Analysis schedule to determine the amount of any applicable Goodwill or Acquisition Gain (Loss) involved. 2. Prepare the DDE Schedule which confirms the applicable Goodwill or Acquisition Gain (Loss) involved