Additional Information:

As at January $1,$ Year $5,$ the estimated useful lives of the building and equipment were $15$ years and $4$ years, respectively, and the

term to maturity was $10$ years for the non$-$current liabilities.

There has been no goodwill impairment since the date of acquisition.

For both companies, the income tax rate is $40\%.$ Deferred income taxes are recognized on the consolidated financial statement

pertaining to the temporary differences arising from the acquisition differential.

Required:

$($a$)$ Prepare a consolidated balance sheet at January $1,$ Year $5.($b$)$ Prepare a schedule of changes to the acquisition differential for the period from January $1,$ Year $5,$ to December $31,$ Year $8.($Leave no cells blank $-$ be certain to enter $"$O$"$ wherever required. Input all amounts as positive values. Round your intermediate and final answers to nearest whole dollar. Omit $ sign in your response.$)($c$)$ Prepare the consolidated balance sheet at January $1,$ Year $5$ using the worksheet approach. $($Leave no cells blank $-$ be certain to enter $"0"$ wherever required. Input all amounts as positive values. Omit $ sign in your response.$)($a$)$ Prepare a consolidated balance sheet at January $1,$ Year $5.$

$($b$)$ Prepare a schedule of changes to the acquisition differential for the period from January $1,$ Year $5,$ to December $31,$ Year $8$

$($c$)$ Prepare the consolidated balance sheet at January $1,$ Year $5$ using the worksheet approach.