Required information

Problem $19-57($LO $19-4)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Incorporated $($BLI$).$ As part of their discussions with the sole shareholder of the corporation, Ernesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows:

$\backslash$table$[[,,$Adjusted Tax$],[$Cash$,\backslash$table$[[$FMV$],[$$$29,000$