I"m not sure how this is calculated.

Peace Corporation acquired '100 percent of Soft Inc. in a nontaxable transaction on December 31. 20x1. The following balance sheet information is available immediately following the transaction: Peace Corporation Soft Inc. Book Value Fair Values Book Value Fair Values Cash $ 31,366 $ 31,366 $13,366 $13,366 Accounts Receivable, net 51,366 51,366 12,366 12,366 Inventory 23,366 85,366 5,366 13,366 Deferred Tax Asset 9,366 4,366 5' Investment in Soft 83,366 83,366 Equipment, net 175,330 213,366 34,309 4?,530 Patent 6 21,3W Total Assets $432,366 $53,366 Accounts Payable $ 52,366 $ 52,366 $13,366 $13,366 Accrued Vacation Payable 13,366 13,366 Deferred Tax Liability 4,366 4,366 ? Long-Term Debt 165,366 115,366 6,366 6,366 Common Stock 133,366 9,366 Retained Earnings 123,366 39,366 Total Liabilities and Equityr $432,330 $533,309 Additional Information 1. The current and future effective tax rate for both Peace and Soft is 40 percent. 2. The recorded deferred tax asset for Peace relates to the booktax differences arising from the allowance for doubtful Accounts and the Accrued vacation payable. The expenses associated with each of these amounts will not be deductible for tax purposes until the related accounts receivable are written off or until the employee vacation is actually paid out. 3. The recorded deferred tax asset for Soft is related solely to the booktax difference arising from the allowance for doubtful accounts. 4. The recorded deferred tax liability in both Peace and Soft relates solely to the book-tax differences arising from the depreciation of their respective equipment. 5. Accumulated depreciation on the financial accounting records of Peace and Soft is $45,000 and $18,000, respectively. 6. The Soft patent was identied by Peace in the due diligence process and has not previously been recorded in the accounting records of Soft. 7. The book and tax bases of all other assets and liabilities of Peace and Soft are the same. Required: a. Compute the tax bases of the assets and liabilities for Peace and Soft, where different from the amounts recorded in the respective accountino records. Required: a. Compute the tax bases of the assets and liabilities for Peace and Soft, where different from the amounts recorded in the respective accounting records. 0 Answer is complete but not entirely correct. Tax basis of accounts receivable Tax basis of accrued vacation payable Tax basis of equipment 1?5 DOG 9: BB 000 a: b. Compute the fair value of the deferred tax assets and deferred tax liabilities for Soft. 9 Answer is not complete. Total related . DTA 4,000 a to Accounts Receivable a Total related . DTL to Inventory. EqUIpment. Patent 0 5. Prepare all of the consolidation entries needed to prepare the worksheet for Peace and Soft atthe date of acquisition. {If no entry is required for a transactionfevent, select \"No journal entry required" in the rst account eld} View transaction list transaction list 6) I. A 1 Common stock 9,000 Retained eamings 39,00 0 Investment in Soft Corporation 48,000 I a 2 Inventory 5.000 Equipment 13,50 0 P ate nt 21 .00 U Goodwill Investment in Soft Corporation Deferred tax liability 15,800 I, C 3 Accumulated depreciation 13,000 Equipment 18,000