Libra Company is purchasing 100% of the outstanding stock of Genall Company for $760,000. Genall has the following balance sheet on the date of acquisition: Assets Liabilities and Equity Accounts receivable............... $ 270,000 Current liabilities............... $ 250,000 Inventory.............. 210,000 Bonds payable.................. 200,000 Property, plant, and equipment Common Stock ($5 par....... 250,000 (net)........... 590,000 Paid-in capital in excess of par 420,000 Computer Software.............. 185,000 Retained earnings............... 135,000 Total assets........................... 51.255.000 Total liabilities and equity S1.255.000 Appraisals indicate that the following fair values for the assets and liabilities should be acknowledged: Accounts receivable............ $220,000 Inventory..... 176,000 Property, plant, and equipment..... 740,000 Computer software........ 165,000 Current liabilities.............. 290,000 Bonds payable.............. 180,000 1. Prepare the value analysis schedule and the determination and distribution of excess schedule. 2. Prepare the elimination entries that would be made on a consolidated worksheet prepared on the date of purchase