On January 1, 2024, Novak Company purchased 7,392 shares of Splish Company's common stock for $128,000. Immediately after the stock acquisition, the statements of financial position of Novak and Splish appeared as follows: Assets Cash Novak Splish $42,690 $17,400 Accounts receivable 57,820 30,850 Inventory 38,010 23,950 Investment in Splish Company 128,000 Plant assets 149,890 106,800 Accumulated depreciation-plant assets (50,300) (17,750) Total $366,110 $161,250 Liabilities and Owners' Equity Current liabilities $18,230 $27,130 Mortgage notes payable 36,140 Common stock, $10 par value 118,710 92,400 Other contributed capital 131,310 15,220 Retained earnings 61,720 26,500 Total $366,110 $161,250 Entire Value 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. : > > < < Parent Share > > Non- Controlling Share SA