On January 1, 2019 Prism Ltd. purchased 90% of Solstice Co. at a cost of $225,000. On this date, Solstice's shareholders' equity was as follows: Common shares (10,000) $100,000 Retained earnings 110 000 M The book values of all of Solstice's net assets were equal to fair market value, except for specialized equipment, which was undervalued by $40,000 The equipment had an estimated useful life of 5 years On July 1, 2019, Solstice issued an additional 2,000 shares for $75,000. Prism did not acquire any of these shares. On October 1, 2019 Solstice's share price had fallen to $30 per share. Prism purchased 1,000 shares at this price on the open market. On December 31, 2019 Solstice reports a net income of $40,000 (earned evenly throughout the year) and declared dividends of $10,000 REQUIRED: 3) b) Prepare an acquisition differential schedule for 2019 showing the controlling and non controlling interest's share of the changes occurring throughout the year. (8 marks) Calculate the equity method balance in the investment in Solstice account as at December 31, 2019. (7 marks) Clearly show calculations for impact of ownership changes