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please complete the table table for me. Returns to Pratt Company acquired all of the outstanding shares of Spider, Inc., on December 31, 2021, for

please complete the table table for me. image text in transcribed
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Returns to Pratt Company acquired all of the outstanding shares of Spider, Inc., on December 31, 2021, for $497,700 cash. Pratt will operate Spider as a wholly owned subsidiary with a separate legal and accounting identity. Although many of Spider's book values approximate fair values, several of its accounts have fair values that differ from book values. In addition, Spider has internally developed assets that remain unrecorded on its books. In deriving the acquisition price, Pratt assessed Spider's fair and book value differences as follows: Computer software Equipment client contracts In-process research and development Notes payable Book Values Fr Values $ 52,500 $ 101,500 63,800 49,200 111,000 31,580 (185,500) (111,650) At December 31, 2021, the following financial information is available for consolidation (credit balances in parentheses: Pratt 30, 200 133,500 168,500 497, 700 247,500 605,250 341,000 @ Spider $ 19,900 54,000 69,500 a 52,500 172,000 63,800 Cash Receivables Inventory Investment in Spider Computer software Buildings (net) Equipment (net) client contracts Goodwitt Total assets Accounts payable Notes payable Common stock Additional paid-in capital Retained earnings Total liabilities and equities $ 2,023, 650 $ 431,780 $ (97, 40e) $ (56,000) (525, 250) (105,500) (380,000) (100,000 (170,000 (25.000) (851.000) (145,200) $12,023,658) $(431,700) Dronare a rnnenlilator halanra choot for Dratt and Chinter ac nf Paramher 31 2021 Next > 21 of 30 31

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