Land E4-8 Differential Assigned to Land and Equipment LO 4-1 Pich Corporation purchased 100 percent wship of South Corporation only 1, 20X4, for $65.000, which was $10,000 above the dying book value. Half the additional amount was attributable to see the value of land held by Southpaw, and half was due to an increase in the value of the guest had a recome of five years on January , 20X4. During 20X4, Southported not come of $12.000 and paid dividends of 54500 Required Give the journal is that Pitch Corporation recorded during 20% rated to its mest in South Carpe, ach they method is accounting for som e hop (0)