please complete a-b

Allen Company acquired 100 percent of Bradford Compony's voting stock on Jenuary 1,2017 , by issuing 10,000 sheres of its $10 par value common stock (hoving o fair value of $24.50 per share). As of that date, Bradiord had stociholdets equity totoing $195.500. Land shown on Brodford's accounting records was undervalued by $11,000. Equipment (with o five-year remaining ifei wos undervalued by $7,500. A secret formula developed by Brodford was appraised at $31,000 with an estimated life of 20 years. The following are the seporate financial stotements for the nwo componies for the year ending December 31 , 2021. There were no intra-entity payables on that date. Credit balances are indicoted by parentheses a-1. Complete the table to show the allocation of the fair volue in excess of book value. a-2. Complete the table to show the computotion for Subsidiary Earnings. b. Complete the worksheet by consolidating the financial information for therat two companies. Complete this question by entering your answers in the tabs below. Complete the table to show the allocation of the fair value in excess of book value