Exercise 5-3 Pace Company purchased 20,000 of the 25,000 shares of Saddler Corporation for $522,100. On January 3, 2014, the acquisition date, Saddler Corporation's capital stock and retained earnings account balances were $494,200 and $98,500, respectively. The following values were determined for Saddler Corporation on the date of purchase: Inventory Other current assets Marketable securities Plant and equipment Book Value $49,700 201,500 100,800 295,400 Fair Value $69,000 201,500 126,500 326,700 (b) Prepare a Computation and Allocation Schedule for the difference between book value and the value implied by the purchase price in the consolidated statements workpaper. Parent Share Non- Controlling Share Entire Value Purchase Price and Implied Value 522100 $ 130525 $ 652625 Less : Book Value of Equity Acquired Difference between Implied and Book Value Inventory Marketable Securities Plant and Equipment Balance Gain Increase Noncontrolling Interest to Fair Value of Assets Total Allocated Bargain Balance