Complete a value analysis and D&D schedule for the date of acquisition.

 
 
 

On January 1, 2021, Alpha Company acquired an 80% interest in Bravo Company. Alpha paid $250,000 cash to make this acquisition. The financial information for both companies immediately prior to the investment is presented below: Cash Accts. Rec Inventory PPE Intangibles Total Assets Accts Pay Notes Pay Total Liab Alpha Book $325,000 $110,000 $85,000 $300,000 $0 $820,000 $150,000 $200,000 $350,000 Bravo Book $50,000 $65,000 $40,000 $150,000 $0 $305,000 $50,000 $150,000 $200,000 Bravo Fair $50,000 $65,000 $40,000 $200,000 (5 year life) $15,000 (15 year life) $370,000 $50,000 $150,000 $200,000