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Samson, Corporation acquired 80 percent of the outstanding common stock of Bolek Corporation on January 1, 2014 for $420,000 cash. Immediately after this acquisition the

Samson, Corporation acquired 80 percent of the outstanding common stock of Bolek Corporation on January 1, 2014 for $420,000 cash. Immediately after this acquisition the balance sheet information for the two companies was as follows (in thousands):

Assets

Cash$50$30$30

Receivables net753535

Inventories904070

Land18080130

Buildings net220120150

Equipment-net 1407550

Investment in Sun350--

Total Assets$1,085$380$465

Liabilities and Stockholders' Equity

Accounts payable$110$100$100

Other Liabilities2511090

Common stock; $20 par800150

Retained earnings15020

Total Equities$1,085$380

According to the above data, choose the right answer for the following cases:

First case:Implied fair value of Bolek

Second case:Book value of Bolek

Third case:Excess fair value over book value equal

Fourth case:Excess allocated to identifiable net assets

Fifthcase:Excess allocated to Goodwill

Sixth case:In Consolidated balance sheet, theinventorybalance should appear

Seventh case:In Consolidated balance sheet, theequipmentbalance should appear

Eighth case:In Consolidated balance sheet, theother liabilitiesbalance should appear

Ninth case:In Consolidated balance sheet, theCapital stockbalance should appear ...

Tenth case:In Consolidated balance sheet, theNoncontrolling interestbalance should appear ...

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