PJ Corporation pays $10,800,000 for an 80 percent interest in Sof Corporation on January 1, 2011, at

which time the book value and fair value of Sof's net assets are as follows (in thousands):

Book Value Fair Value

Current assets $ 4,000 $ 6,000

Equipmentnet 8,000 12,000

Other plant assetsnet 4,000 4,000

Liabilities (6,000) (6,000)

Net assets $10,000 $ 16,000

REQUIRED: do a schedule to assign the fair value/book value differentials to Sof's net assets.