how do i prepare a schedule to the difference between book value of equity the value implied by the purchase price. Any differnce between the book value of the equity and the value implyed by teh purchae price relates to subsidairy plant assets

Current Attempt in Progress On January 1, 2024, Whispering Company purchased 8,024 shares of Metlock Company's common stock for $118,000. Immediately after the stock acquisition, the statements of financial position of Whispering and Metlock appeared as follows: Assets Whispering Metlock Cash $36,040 $17,360 Accounts receivable 58,270 29,030 Inventory 45,900 23,040 Investment in Metlock Company 118,000 Plant assets 155,450 99,550 Accumulated depreciationplant assets (49,300) (17,800) Total $364,360 $151,180 Liabilities and Owners' Equity Current liabilities $17,100 $26,270 Mortgage notes payable 36,530 Common stock, $10 par value 113,730 100,300 Other contributed capital 146,480 18,130 Retained earnings 50,520 6,480 Total $364,360 $151,180 (a1) # Your answer is correct. Calculate the percentage of Metlock acquired by Whispering Company. Percentage of Metlock acquired 80 | % Attempts: 1 of 1 used