Marks: c$1$: $2,$ b$1$:$8)$: On January $1,2019,$ Anderson Corporation purchased $85\%$ of the outstanding hon stock of Baker Enterprises for BD$220,000.$ At that time, Baker's stockholders' equity consisted mmon stock, BD$140,000$; other contributed capital, BD$30,000$; and retained earnings, BD$35,000.$ ne that any difference between book value of equity and the value implied by the purchase price is utable to equipment. On December $31,2019,$ the two companies' trial balances were as follows: Anderson Baker Cash BD$75,000$ BD$40,000$ Accounts Receivable $50,00035,000$ Inventory $30,00020,000$ Investment in Baker Enterprises $225,500-0-$ Plant and Equipment $130,00095,000$ Land $60,50050,000$ Dividends Declared $25,00018,000$ Cost of Goods Sold $170,00070,000$ Operating Expenses $40,00018,000$ Total Debits BD$805,000$ BD$346,000$ Accounts Payable BD$25,000$ BD$20,000$ Other Liabilities $20,00030,000$ Common Stock, par value $220,000140,000$ Other Contributed Capital $85,00030,000$ Retained Earnings $70,00035,000$ Sales $340,000105,000$ Equity in Subsidiary Income $25,000-0-$ Total Credits BD$805,000$ BD$346,000.$ I want u to help me solve these questions based on the trial balances I gave u$.$ A$.$ Computation and Allocation of Difference Between Implied and Book Value Acquired. $(2$ Marks$)$ B$.$Prepare a consolidated statements workpaper on December $31,2019.$