Prepare a Computation and Allocation Schedule for the Difference between Book Value and the Value Implied by the Purchase the Value Implied by the Purchase Price. Parent Non- Controlling Share Entire Value Share Purchase Price and Implied Value 256500 64125 320625 Less : Book Value of Equity Acquired 182160 45540 227700 Difference Between Implied and Book Value 74340 18585 92925 Land 17040 4260 21300 Balance 57300 14325 71625 Goodwill 57300 14325 71625 i Balance $ $ 0 $ 0 $ 0 Prepare the entry to be made on the books of Plutonium Corporation to record its investment in Sulfurst Inc. Assume that during the first two years after acquisition of Sulfurst Inc., Sulfurst reports the following changes in its retained earnings: Retained earnings, January 1, 2017 $110,300 Net income, 2017 42,000 Less: dividends, 2017 (21,700) Net income, 2018 43,200 Less: dividends, 2018 (22,800) Retained earnings, December 31, 2018 $151,000 (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Investment in Subsidiary Cash