Acquisition Cost. Equity Method, Eliminating Entries, Second Year Peak. Entertainment acquares all of the stock of 5oddlestone inc, on january 1, 2022 in preparing to consolidate the trial balances of Peak and 5 addlestone ar 0ecomber 31,2023 (two ye the following information: Dateofacquastion information: - Vhiue of stack gren up ro acquire Saddiestone $20000,000 - Dired merger costs $20,000 + Fait value of earnings contirigency soeernent to be paid in cashs $300,000 Inlormacion for ze2z and 2023 Mequireut