Show Attempt History Current Attempt in Progress Sheridan Homes Company is considering the acquisition of Windsor, Inc. early in 2025. To assess the amount, it might be willing to pay, Sheridan Homes makes the following computations and assumptions. B Windsor, Inc. has identifiable assets with a total fair value of $15.001,000 and liabilities of $8,808,000. The assets include office equipment with a fair value approximating book value, buildings with a fair value 30% higher than book value, and land with a fair value 75% higher than book value. The remaining lives of the assets are deemed to be approximately equal to those used by Windsor, Inc. Windsor. Inc's pretax incomes for the years 2022 through 2024 were $1,202,300, $1,500,900, and $954,900, respectively. Sheridan Homes believes that an average of these earnings represents a fair estimate of annual earnings for the indefinite future However, it may need to consider adjustments to the following items included in pretax earnings: Depreciation on buildings (each year) Depreciation on equipment (each year) Extraordinary loss (year 2024) Sales commissions (each year) LED OR 964.500 O 53,500 304,000 254,300 csets for the industry is 15% and 25% 61F Mostly cloudy