Where are they getting the 2.08 from?

Popover Company acquired 90 percent of Scone Corporation on January 1,2012, for were $50,000 $35,000, and $15,000 respectively. On stock for $2.5 per share. Scone's retained $100,000. At the date of acquisition, Scone's $1 par common stock, other contributed capital, and retained earnings were January 1, 2013, Scone issued 10,000 shares of its previously unissued common earmings at that time was $15,000 (Scone had net income of zero for 2012). Any difference betor attributable to goodwill, and S has issued no dividends value is ence between implied and book the acquisition, Assume P bought 100 percent of the new issue. APrepare a schedule for the computation and allocation of dfference betwen im mplied and book value Computation and Allocation of Difference between Implied and Book Value Parent Share Value NCI share Purchase price and implied value Equity acquired Common stock Other contributed capital Retained earnings Difference between V &BV Adjust goodwill Balance value before and after the new issue oe mmediately After 8. Prepare a schedule of Scone Company's stockholders' equity and book Schedule of Scone's Stockholders' Equity and BV per share e Before New Stock Issue New Issue New Stock Issue Common stock $1 par Other contributed capital Retained eamings 5000 Total Common shares Book value per share C. Prepare a schedule of Popover's share of Scone's stockholder's equity Schedule of Popover's Share of Scone's Equity After New Purchase Before New Book Value of | Interest Acquired Common stock Other contributed capital Retained eamings Book value of interest acquired Plus: Goodwill acquired Total Interest acquired Prepare the jourmal entry on Popover's books to account for Scone's new stock issue, assuming the cost method