On January 1, 2024, Swifty Company purchased 8,112 shares of Nash Company's common stock for $120,000. Immediately after the stock acquisition, the statements of financial position of Swifty and Nash appeared as follows.

Assets

Cash

Accounts receivable

Inventory

Investment in Nash 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

Swifty

$40,770

56,520

43.870

120,000

148,090

(47.820)

$361,430

$19,530

41,970

128,210

136,450

35,270

Nash

$20,000

32,230

23,910

111,200

(18,530)

$168,810

$27.380

101,400

16,910

23.120

Total

$361,430

$168,810

A) calculate the percentage of Nash acquired by Swifty company

B) prepare a schedule to calculate the difference between book value of equity and the value implied by the purchase price. Any difference between book value of equity and the value implied by the purchase price relates to subsidiaries plant assets

C) prepare a consolidated balance sheet workpaper as of January 1, 2024.