On January 1, 2024, Marigold Company purchased 8,568 shares of Swifty Company's common stock for $123,000. Immediately after the stock acquisition, the statements of financial position of Marigold and Swifty appeared as follows: Assets Cash Accounts receivable Inventory Investment in Swifty Company Plant assets Accumulated depreciation-plant assets Total Liabilities and Owners' Equity Current liabilities Mortgage notes payable Common stock, $10 par value Other contributed capital Retained earnings Total Marigold $39.070 57.650 42.760 123.000 166,480 (49.410) $379,550 $16.690 38,220 119,450 145,280 59,910 $379,550 Swifty $20.190 29,760 22.680 111,840 (21,420) $163,050 $26.400 107,100 16,480 13,070 $163,050 Prepare a schedule to compute the difference between book value of equity and the value implied by the purchase price. Any difference between the book value of equity and the value implied by the purchase price relates to subsidiary plant assets. Purchase Price and Implied Value Common Stock Book Value of Equity Acquired Other Contributed Capital Retained Earnings Total Book Value Difference Between Implied and Book Value Plant Assets Balance Parent Share Non- Controlling Share $ Entire Value