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The following are selected account balances from Penske Company and Stanza Corporation as of December 3t, 2021: Note: Parentheses indicate a credit balance. On Jamuary
The following are selected account balances from Penske Company and Stanza Corporation as of December 3t, 2021: Note: Parentheses indicate a credit balance. On Jamuary 1, 2021, Penske acquired all of Stanza's outstanding sock for 5914.000 fair value in cash and cammon stock. Penske asso paid 510,000 in stock issuance costs. At the date of acquisition, copyrights (with a six-year remaining life) have a 5444,000 book value but a tair value of 5618.000 a. As of December 31, 2021, whot is the consolidated copylights balance? b. For the year ending December 31, 2021, what is consolidated net income? c. As of December 31, 2021, what is the corisolideted retained eaenings beliance? A. As of December 31, 2021, whthet is the consolidated balance to be reported for gpodwill? The following are selected account balances from Penske Company and Stanza Corporation as of December 3t, 2021: Note: Parentheses indicate a credit balance. On Jamuary 1, 2021, Penske acquired all of Stanza's outstanding sock for 5914.000 fair value in cash and cammon stock. Penske asso paid 510,000 in stock issuance costs. At the date of acquisition, copyrights (with a six-year remaining life) have a 5444,000 book value but a tair value of 5618.000 a. As of December 31, 2021, whot is the consolidated copylights balance? b. For the year ending December 31, 2021, what is consolidated net income? c. As of December 31, 2021, what is the corisolideted retained eaenings beliance? A. As of December 31, 2021, whthet is the consolidated balance to be reported for gpodwill
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