Pal purchased a'] of Sor for SI.OXOOO cash on January I , 2011, when Sor's stock- equity consisted of capital and retained earnings. Sor's assets and liah"iries were fairly valued except for inventory that was undervalued by and sold in 2011 and assets that were underval.rd by S and a remaining useful life Of four years from ttx of the acquisition. REQUIRED: a for Subsidiary at Decernt*r 31.2011.