On January 1, 2013, Point Corporation acquired an 80% interest in Sharp Company for $1,974,000. At that time Sharp Company had common stock of $1,484,000 and retained earnings of $706,000. The book values of Sharp Company's assets and liabilities were equal to their fair values except for land and bonds payable. The land had $80,000. The outstanding bonds were issued at par value on January 1, 2008, pay 10 % annually, and mature on January 1, 2018. The bond principal similar bonds is 8%. fair value of $102,000 and a book value of $504,000 and the current yield rate on (a) Prepare a Computation and Allocation Schedule for the difference between book value and the value implied by the purchase price in the consolidated statements workpaper on the acquisition date. (Round present value factor calculations to 5 decimal places, e.g. 1.25136 and final answers to 0 decimal places, e.g. 5,125.) Non- Controlling Share Parent Share Entire Value