Pueblo Corporation acquired all of Spartan Company's outstanding stock on January 1, 2018, for $1,320,000 cash. Spartan's accounting records reflected net assets on that date of $1,034,000, although equipment with a 10-year life was undervalued on the records by $198,000. Any recognized goodwill is considered to have an indefinite life.

Spartan reports net income in 2018 of $198,000 and $220,000 in 2019. The subsidiary paid dividends of $44,000 in each of these two years

Pueblo

Spartan

Revenues.

$(1,760,000)

$(1,320,000)

Cost of goods sold

220,000

330,000

Depreciation expense.

660,000

770,000

Investment income. .

(44,000)

-0-

Net income

$(924,000)

$(220,000)

Retained earnings 1/1/20 . .

$(2,420,000)

$(704,000)

Net income

(924,000)

(220,000)

Dividends paid

264,000

44,000

Retained earnings, 12/31/17

$(3,080,000)

$(880,000)

Current assets.

$660,000

$220,000

Investment in subsidiary

1,320,000

-0-

Equipment (net)

1,980,000

1,320,000

Buildings (net)

1,760,000

880,000

Land.

1,320,000

220,000

Total assets

$7,040,000

$2,640,000

Liabilities.

$(1,980,000)

$(1,100,000)

Common stock.

(1,980,000)

(660,000)

Retained earnings . .

(3,080,000)

(880,000)

Total liabilities and equity.

$(7,040,000)

$(2,640,000)

I need help with the following chart

Life (if applicable)

Annual Excess Amortizations (if applicable)

Consideration transferred 1/1/20

Book value (given)

Fair value in excess of book value

Allocation to equipment based on difference in fair value and book value

Goodwill

Total