Exercise 4-11 On January 1, 2017, Plutonium Corporation acquired 80% of the outstanding stock of Sulfurst Inc. for $256,500 cash. The following balance sheet shows Sulfurst Inc.'s book values immediately prior to acquisition, as well as the appraised values of its assets and liabilities by Plutonium's experts. Sulfurst Inc. 's Sulfurst Inc. Book ValuesMarket Valu Current assets $98,500 $98,500 Property, plant & equipment 76,200 157,000 $331,700 $104,000 97,000 20,400 110,300 $331,700 Land 97,500 Building & machinery (net) 157,000 Total assets Total liabilities Common stock, $5 par value Additional paid-in-capital Retained earnings Total liabilities and equities $104,000 ? (a) Prepare a Computation and Allocation Schedule for the Difference between Book Value and the Value Implied by the Purchase Price Parent Share Non- Controlling Share Entire Value SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT