Problem on value analysis schedule

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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!!

Reference no: EM13849540

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