Pan purchased 75% of Spatula's common shares for $150,000 on Aug. 1, Year 5. Pan and Spatula Inc. had the following balance sheets on Aug. 1, Year 5 prior to the purchase: Fair Value Cash Accounts Receivable Inventory Plant and Equipment (net) Trademark Total Assets Pan $260,000 $40,000 $30,000 $250,000 Spatula $15,000 $49,000 $50,000 $200,000 $33.000 $347.000 $15,000 $54,000 $53,000 $160,000 $28,000 $580.000 $55,000 $155,000 Accounts Payable Bonds Payable Common Shares Retained Earnings Total Liabilities and Equity $90,000 $330,000 $120.000 $40.000 $580.000 $55,000 $147,000 $85.000 $60,000 $347.000 Required a) Prepare the journal entry to record the purchase Spatula's common shares on August 1, Year 5. b) Prepare the calculation and allocation of the acquisition differential schedule and prepare the consolidated balance sheet at August 1, Year 5. Include all numbers in brackets on the consolidated balance sheet (CV + CV +/- FVis). c) Calculate goodwill and non-controlling interest on the consolidated balance sheet on August 1, Year 5 under the identifiable Net Assets (INA) method. Hints: Goodwill = $100,000; Consolidated balance sheet total assets = $840,000