On December 31, 2011, Big Company acquired Tiny Company for $150,000. This amount exceeded the recorded value of Tiny Company€™s net assets by $30,000 on the acquisition date. The entire excess was attributable to a Tiny Company building that had a remaining useful life of 15 years as of the acquisition date. Information reported for the two companies for 2010 and 2011 was as follows:

Prepare the necessary pro forma information that would be included in the notes to Big Company€™s 2011 financial statements. For simplicity, ignore incometaxes.

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2011 2010 Big Company Revenue Net income Tiny Company: Revenue Net income $500,000 $400,000 50.000 60,000 $ 75,000 90,000 20.000 12,000