This question has 2 parts. I would be appreciate to your help. Thank you so much.

OUT REFERENCES MAIL?NGS REVIEW VIEw 3, (45 points) Company Big paid 1,200,000 for 60% of Small's shares on 01/01/2015. On 01/01/2015 Small's final information are as below. (Note that PPE had 5 years of useful life left and Patent had 10 years of useful life left upon the time of investment) 1/1/2015 Cash AR Inventony Land PPE Patent Total Asset Loan Common Stock ADPC Retained Earnings Total Uabilities and Equity Book Value 200,000 300,000 300,000 500,000 500,000 500,000 2,300,000 (1, 500,000) (300, 000) (300,000) Market Vlue 200,000 300,000 300,000 800,000 300,000 1,000,000 2,900,000 (1500,000) (2.300,000)