Shelton Corporation acquired all of the stock of Keller Company, at an acquisition cost of $30 million. Kellers book value at the time was $10 million. Kellers current assets and current liabilities were carried at amounts approximating fair value. However, its plant assets were overvalued by $6 million. Keller also has previously unreported developed technology valued at $4 million.

REQUIRED:

Prepare the work paper eliminating entries for this investment.