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Refer to this data for questions 16-21 Poppy Corporation paid $180,000 for an 30% interest in Soppy Corporation on January 1, 20X1 when the stockholders equity of Soppy consisted of $300,000 capital stock and $140,000 retained earnings. The following assets of Soppy had fair values different from their book values when Poppy acquired its interest: Book Fair Value Value Inventories (sold in 20X1) $ 50,000 $ 60,000 Equipment (4-year life at the time of 600,000 620,000 combination) (500,000) (520,000) Bonds Payable (matures 12/31/x4) During 20X1, Soppy's reported net income was $60,000 and dividends declared and paid were $12,000.Purchase Price Allocation and Amortization Schedule 100% 20X1 12/31/20X1 Unamort Difference BPG Adj 20X1 Unamort Account Difference to Assign (If needed) Amortization Difference Totals