PLEASE SHOW MATH. Thank you.

- P'arent acquires 100 percent of Subsidiary's outstanding stock on December 31, 2022, by issuing 100,000 shares of its own no par stock to Subsidiary 's sharcholders. - The no par stock has a market value of $30 per share. - This acquisition is arranged as a nontaxable transaction. Therefore, all assets and liabilities will retain their carryover bases for tax purposes. - A 40 percent effective corporate income tax rate for botb Parent and Subsidiary - Below table summarizes Subsidiary's information at the acquisition date. o Note that the Fair Value of all assets and liabilities is given, except for the Deferred Tax Asset and the Deferred Tax Liability. What is the Fair Value of Deferred Tax Asset? What is the Fair Value of Deferred Tax Liability? What is the total fair value differential for all identifiable assets and liabilities