p3-2 On January 1 , 2 0 1 5 , Paro Company purchases 8 0 % of the common stock of Solar Com - pany for $ 3 2 0 , 0 0 0 . On this date, Solar has common stock, other paid - in capital in excess of par, and retained eamings of $ 5 0 , 0 0 0 , $ 1 0 0 , 0 0 0 , and $ 1 5 0 , 0 0 0 , respectively. Net income and dividends for rwo years for Solar Company are as follows: prepare a value analysis and determination and distribution of excess schedule