Please help? Question 1

Prepare a schedule to compute the difference between book value of equity and the value implied by the purchase price. Any difference between the book value of equity and the value implied by the purchase price relates to subsidiary plant assets. Company's common stock for $124,000. Immediately after the stock acquistion, the statements of financial position of Coronado and Whispering appeared as follows: Question 1 Module 3 Assets Cash Accounts Receivable Inventory Investment in Whispering Co Plant Assets ACC Dep. Total Coronado Whispering 5 5 $ 28,620.00 25,000.00 5 124,000.00 $ 144,750.00$ 107,510.00 5 (56,310.00)$ (19,510.00) 5 350,270.00$ 158,790.00 Liabilities and Owners Equity Current Liabilities Mortgage notes Payable Common Stock 10p parvalue Other Contributed Capital Retained Earnings Total 5 5 5 5 5 5 17,080.00$ 40,190.00 111,980.00$ 126,260.00$ 54,760.00$ 350,270.00$ 26,620.00 102,600.00 16,790.00 12,780.00 158,790.00 Calculate the percentage of Whispering acquired by Coronado Co Precentage Parent 1 2 3 4 5 6 7 8 9 Prepare a schedule to compute the difference between book value of equity and the value implied by the purchase price. Any difference between the book value of equity and the value implied by the purchase price relates to subsidiary plant assets. Company's common stock for $124,000. Immediately after the stock acquistion, the statements of financial position of Coronado and Whispering appeared as follows: Question 1 Module 3 Assets Cash Accounts Receivable Inventory Investment in Whispering Co Plant Assets ACC Dep. Total Coronado Whispering 5 5 $ 28,620.00 25,000.00 5 124,000.00 $ 144,750.00$ 107,510.00 5 (56,310.00)$ (19,510.00) 5 350,270.00$ 158,790.00 Liabilities and Owners Equity Current Liabilities Mortgage notes Payable Common Stock 10p parvalue Other Contributed Capital Retained Earnings Total 5 5 5 5 5 5 17,080.00$ 40,190.00 111,980.00$ 126,260.00$ 54,760.00$ 350,270.00$ 26,620.00 102,600.00 16,790.00 12,780.00 158,790.00 Calculate the percentage of Whispering acquired by Coronado Co Precentage Parent 1 2 3 4 5 6 7 8 9