Exercise 5-1 On January 1, 2013, Pam Company purchased an 85% Interest In Shaw Company for $542,200. On this date, Shaw Company had common stock of $403,400 and retalned earnings of $138,800. An examination of Shaw Company's assets and liabilities revealed that their book value was equal to their fair value except for marketable securities and equipment: Book Value Falr Value Marketable securities $20,200 $45,100 Equipment (net) 119,900 140,000 v (a) 2 Your answer is partially correct. Try again. Prepare a Computation and Allocation Schedule for the difference between book value of equity acquired and the value implied by the purchase price. (Round answers to o decimal places, e.g. 5,125.) Non- Parent Share Controlling Share Entire Value Purchase Price and Implied Value 542200 96038 638259 TBook Value of Equity Acquired Less Common Stock Retained Earnings Total Book Value Difference Between Implied and Book Value Marketable Securities [Equipment Balance Goodwill Balance