On 1/1/2015 Alpha sold equipment with a book value of $9,000 to Beta for $12,000. The equipment originally cost Alpha $16,000. The equipment has a remaining life of 5 years at 1/1/2015. 1. Prepare an allocation of acquisition value at the time of acquisition to determine any excess value. 2. Record the equity entries made by Alpha for 2016. 3. Prepare the analysis and entries required for the worksheet in 2016