Question: Would someone please provide help with the calculation for the missing amounts, thank you! Plaza Corporation purchased 70 percent of Square Company's voting common stock
Would someone please provide help with the calculation for the missing amounts, thank you!


Plaza Corporation purchased 70 percent of Square Company's voting common stock on January 1, 20X5, for $291,900. On that date. the noncontrolling interest had a fair value of $125,100 and the book value of Square's net assets was $381,000. The book values and fair values of Square's assets and liabilities were equal except for land that had a fair value $14,000 higher than book value. The amount attributed to goodwill as a result of the acquisition is not amortized and has not been impaired. Square Company Debit Credit $ 99.000 118.800 256.868 PLAZA CORPORATION AND SQUARE COMPANY Trial Balance Data December 21, 28x9 Plaza Corporation Debit Credit Cash and Receivables 95. Inventory 200,000 Land, Buildings. & Equipment (net) 276.000 Investment in square company 387.684 cost of Goods & services 185.000 Depreciation Expense 34.000 Dividends Declared 29.ace Sales & Service Revenue $ 312,000 Income from Square Company 48,984 Accounts Payable 56,000 Communion Stock 194,888 Retained Earnings 516,888 $1.126.904 $1.126.984 135.000 24.000 5,000 $212,090 23.008 151.000 251.000 5637.808 $637,863 on January 20X9. Plaza's inventory contained $42.000 of unrealized intercompany profits recorded by Square. Sauare's inventory on that date contained $15.000 of unrealized intercompany profits recorded on Plaza's books. Both companies sold their ending 20X8 inventories to unrelated companies in 2019. During 20X9. Square sold inventory costing $38.000 to Plaza for $63.000. Plaza held at inventory purchased from Square during 2009 on December 31, 20X9. Also during 20X9. Plaza sold goods costing $66.600 to Square for $111.000. Square continues to hold $3740 of its purchase from Plaza on December 31. 20X9. Assume Plaza uses the fully adjusted equity method. Linnuvenson pos spalio 1500 Soes pas spab SD Nueduuon aunbs Non Nuedluuoo enembs uuu saman RA 10.800 Muedwop arenbeso non 2015 20 mesummene square Company 000 ZZ MANDO DE 0.00 PT Land Auedwop anebs Aueduop avenbs unuauuus au Kuedwop amerbs on on Kueduco a enbs uou Buwo F06 Bt 251.000 Retained earnings 151.000 Common stock Credit Debit Accounts Line
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