(Answered) Problem value analysis scheduleparent co is acquiring an 80

Accounting

Problem: Value analysis Schedule

Parent Co. is acquiring an 80% interest in the common stock Subsidiary Co. the price paid the 80% interest is $750,000. Subsidiary Co.'s balance sheet amounts at book value and fair value follows:

Account	Book Value	Fair Value
Current Assets	$200,000	$310,000
Fixed Assets	350,000	900,000
Liabilities	(200,000)	(200,000)

Required: Prepare the Value Analysis Schedule for Parent Co. below. Please show your calculation!!

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