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[B i formsmicrosoftoom Cr P Corporation was seeking to expand its .7 customer base, and wanted to acquire a company in a market area it had not yet served. P inc determined that the 8 Company was already in the market they were pursuing, and on January 1, 2011, they purchased a 25% interest in 5 inc to assure access to 8 inc customer base. P inc paid $000,000, at a time when the book value of 8 inc net equity was $3,000,000. 8 inc. book values equaled their fair values except :for the following items Fan Book Value Value Difference $150,000 Inventories $50,000 $200,000 30,000 Land 20,000 100,000 220,000 Building-net (40,000) 180,000 260,000 Equipment-net 50,000 310,000 :Requhed Prepare a schedule to allocate any excess purchase cost to identiable assets and .goodwill