Pacer Corporation acquired 80% of Slicker Companys common stock for $45,500 on January 1, 2017. The book value of Slicker was $10,000, and the fair value of Non-controlling interest was $9,500. Slickers assets and liabilities were reported at fair value at the date of acquisition except for the items listed below: FV minus BV Land $8,000 Buildings 7 year remaining life 7,000 Limited Life Intangibles, 5 years 5,000 Goodwill was impaired by $2,000 in 2017 but no further impairment occurred in 2018. The land, buildings, and identifiable intangibles are still held by Slicker at the end of 2018. It is now December 31, 2018 (two years since the acquisition took place). The trial balances of Pacer and Slicker are provided in the Excel file. Slicker reported net income of $3,000, OCI of $100, and dividends of $400 during 2018. Information on intercompany transactions is as follows: 1. On January 2, 2017, Pacer sold equipment to Slicker for a price of $800. The equipment had an original cost of $1,000 with $700 of accumulated depreciation at the time of sale and a remaining life of 5 years, straight-line. 2. Slicker sells merchandise to Pacer (for cash) on a continuing basis, at a markup of 20% on cost. Pacers 2018 beginning inventory contains $90 in goods purchased from Slicker (including markup). Pacers 2018 ending inventory contains $120 in goods purchased from Slicker (including markup). Total intercompany sales for 2018 were $3,000. Calculate the total goodwill arising from this acquisition and its allocation to the parent and to the non- controlling interest. a. Determine the BOY balances for Land, Buildings, Limited Life Intangibles, and Goodwill b. Compute a schedule of equity in subsidiarys net income, equity in its OCI, and allocation of its dividends for 2018. d. Prepare a consolidating working paper to consolidate the December 31, 2018 trial balances of Pacer and Slicker.