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C Claude B. sent you a m x Course Hero x _> Individual Response 3 x 3 WileyPLUS X Question 4 x C Claude B. sent you an x M Inbox (8,171) - owusua x + C A edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni NP * Question 4 On January 1, 2017, Plutonium Corporation acquired 80% of the outstanding stock of Sulfurst Inc. for $249,000 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.'s Book Values Market Values Current assets $91,800 $91,800 Property, plant & equipment: Land 80,000 99,800 Building & machinery (net) 178,200 178,200 Total assets $350,000 Total liabilities $99,900 $99,900 Common stock, $5 par value 91, 100 Additional paid-in-capital 19,800 Retained earnings 139,200 Total liabilities and equities $350,000 * Question 4 Prepare a Computation and Allocation Schedule for the Difference between Book Value and the Value Implied by the Purchase Price. Non- Parent Controlling Entire Share Share Value Attempts: 0 of 1 used * Question 4 The parts of this question must be completed in order. This part will be available when you complete the part above