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with calculations please Reventes Expenses: a. What amount should Patterson recogrize as the total yaloe of the acquisicion it in hese consolidated balance sheet? b.

with calculations please image text in transcribed
Reventes Expenses: a. What amount should Patterson recogrize as the total yaloe of the acquisicion it in hese consolidated balance sheet? b. What valuation principle should Parterson use to report cach of Soriano's sidentifiob)e bal Liabilities in its January 1 consolidated balance sheet? ued in Patterson's consolidated financial statements? 1. How much goodwill resulted from Patterson's acquisition of Soriano? e. What is the consolidated net income for the yeat and what amounts are allocated to to ling and noncontrolling interests? 8. Assume instead that, based on its share prices, Sotano fo January 1 total fair value veree at $2,250,000. How would the reported amounis for Soniannis net assets change on has acquisition-date consolidated baisnce sheel

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