dyear acquisition $(6)1.x|||$ sx

Mid$-$Year acquisition

On $4/21,$ Big acquired $80\%$ of Little's vating stock for $$200,000.$ The fair value of the NC Interest on that date was $$50,000$ All of Little's assets and liabilities had fair values equal to book value, so any differential is ascribed to goodwill.

What is Little's book value $($aka "net assets"$)$ at acquisition? Haw much goodwill is present? What are the "post acquistion earnings" of Little? What are the "post acqusition dividends" of Little? What is the value in cell F$22?$ What is the value in cell F$23?$ What is the value in cell D$27?$ What is the value in cell F$28?$ What is the value in cell $038?$ What is the value in cell E$43?$

By the end of the vear, Little reported total annual earnings of $$100,000$ and paid total annual dividends of $$25,000$ The end of year trial balances, arranged in worksheet format, are:

Little had the following trial balance on that date:

$\backslash$table$[[$Cash & Receivables,$40,000],[$PPE$,335,000],[$Liabilities$,130000],[$Common Stock,$50000],[$Retained earnings,$160000],[$Sales$,250000],[$Cost of goods sold,$145000],[$Other expenses,$60000],[$Dividends deciared,$10000]]$

Lales $cos$

Less: other expenses

Investment income

Net income

Less: Income to NC Interest income to controlling interest

$\backslash$table$[[$Beginning R$/$E$,230000,160000],[$Add: Income,$94000,100000],[$Less: Dividends,$30000,25000],[$Ending R$/$E$,294000,235000],[,,],[$Cash and receivables,$50000,40000],[$Investment in Little,$232000,0],[$PPE$,250000,300000],[$Goodwill$,,],[,,],[$Liabilities$,138000,55000],[$CS$,100000,50000],[$R$/$E$,294000,235000]]$