On January 2, 2010, Pago Corporation acquired a 90% interest in Salcedo Company for $3, 510,000. At that time, Salcedo Company had capital stock of $2, 250,000 and retained earnings of $1, 250,000. the book values of Salcedo Company's assets and liabilities were equal to their fair values except for land and bonds payable. the land had a fair value of $200,000 and a book value of $120,000. the outstanding bonds were issued on January 1, 2005, at 9% and mature on January 1, 2015. the bonds' principal is $500,000 and the current yield rate on similar bonds is 6%. Assuming interest is paid annually, prepare a Computation and Allocation Schedule for the difference between book value and the value implied by the purchase price in the consolidated statements work paper on the acquisition date. Prepare the work paper entries necessary on December 31, 2010, to allocate and depredate the difference between book value and the value implied by the purchase price