Problem solving $2($I am asked to provide the solution on Excel,Please let the answers be clear,thank you for your help$)$

On January $1,2018,$ Access IT Company exchanged $$1,000,000$ for $40$ percent of the outstanding voting stock of Net Connect. Especially attractive to Access IT was a research project underway at Net Connect that would enhance both the speed and quantity of client$-$accessible data. Although not recorded in Net Connect's financial records, the fair value of the research project was considered to be $$1,960,000.$

In contractual agreements with the sole owner of the remaining $60$ percent of Net Connect, Access IT was granted $(1)$ various decision$-$making rights over Net Connect's operating decisions and $(2)$ special service purchase provisions at below$-$market rates. As a result of these contractual agreements, Access IT established itself as the primary beneficiary of Net Connect. Immediately after the purchase, Access IT and Net Connect presented the following balance sheets:

$\backslash$table$[[,$Access IT$,$Net Connect$],[...............................,$$$,61,000,$$$41,000$