Question: Please show all work and try and keep the same formatting as the table in the picture Q6. Consider companies with the pre-acquisition balance sheets

Please show all work and try and keep the same formatting as the table in the picture Please show all work and try and keep the same formatting as

Q6. Consider companies with the pre-acquisition balance sheets presented below. Investor Company purchases 100% of Investee Company's stock by issuing new common stock. The market value of the stock was $100,000. Complete the columns for Investors post-acquisition balance sheet and the Consolidated Company post-acquisition balance sheet. The Pre-acquisition balance Post-acquisition balance sheets sheets Investee Company (F Investor air Market Company Consolidated Investor Value (Equity Method) Company Company Current Assets $33,000 $41,000 Investment 54,000 202,000 Other Assets Goodwill $243,000 $87000 Total Assets $29.000 $95,000 Liabilities Common Stock 32,000 70,000 26,000 78,000 Retained Earnings Total Liabilities and Equity $243,000 $87,000 Provide the calculation for the goodwill here

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