Refer to this data for questions 16-21 Poppy Corporation paid $180,000 for an 30% interest in Soppy Corporation on January 1, 20x1 when the stockholders' equity of Soppy consisted of $300,000 capital stock and $140,000 retained earnings. The following assets of Soppy had fair values different from their book values when Poppy acquired its interest: Book Value Fair Value Inventories (sold in 20x1) $ 50,000 $ 60,000 Equipment (4-year life at the time of combination} 600,000 620,000 Bonds Payable (matures 12/31/X4) (500,000) (520,000) During 20x1, Soppy's reported net income was $60,000 and dividends declared and paid were $12,000. Complete the purchase price allocation and amortization schedule. Click here to download the attached excel file, complete the file, save the file on your computer, and upload the saved file into the dropbox below. A B C D E F G H J Purchase Price Allocation and Amortization Schedule 2 3 100% % 20X1 12/31/20X1 4 Unamort Difference BPG Adj 20X1 Unamort 5 Account Difference to Assign (If needed) Amortization Difference 6 7 8 9 10 Totals 11 12 13 14 15