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Big Co acquired 60% of the common stock of Little Co. on 1/1/22 for $150,000. The fair value of the NC Interest on that date

Big Co acquired 60% of the common stock of Little Co. on 1/1/22 for $150,000. The fair value of the NC Interest on that date was $100,000. 80% Little's book value on that date was $250,000, and all assets and liabilities had fair values equal to book value. In 2022, Little reported earnings of $25,000 and paid dividends of $10,000 In 2023 Little reported earnings of $30,000 and paid dividends of $15,000. The trial balances for 1/1/22, 12/31/22, and 12/31/23 are given below. (USE THE EXCEL CHART IMAGE)

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