1) FVCT

Cash 300,000.00
Contingent 15,000.00
Total 315,000.00
FVNAA
ASSET
Bldg 115,000.00
customer list 22,000.00
Res and dev 30,000.00
rec 80,000.00
inv 70,000.00
equipment 25,000.00
TOTAL 342,000.00

Current Liab 10,000.00

LT Liab 50,000.00
- 60,000.00 282,000.00
goodwill 33,000.00

2) FVCT 600,000.00 600,000.00

FVNAA
Cash 25,000.00
Inv 180,000.00
Plant Assets 475,000.00
CL - 60,000.00
LT debt - 120,000.00 500,000.00
Goodwill 100,000.00

3) FV adj
Inv 305,000.00
Plant Assets 175,000.00
Inv in sub 480,000.00

4)
5) FVCT 150,000.00
FVNAA
Asset 173,000.00
Liab
AP - 5,000.00
BP - 40,000.00 128,000.00
GW 22,000.00

9) FVCT
OCS 100,000.00
APIC 1,400,000.00 1,500,000.00
 FVNAA
Cash 50,000.00
AR 350,000.00
Inv 700,000.00
PPE 1,000,000.00
CL - 100,000.00
BP - 600,000.00 1,400,000.00
10) GW 100,000.00

Inv in subs 1,500,000.00

OCS 100,000.00
APIC 1,400,000.00

11) Inv 60,000.00

12) FVCT 300,000.00 300,000.00

FVNAA
Cash 35,000.00
Inv 60,000.00
land 125,000.00
bldg and equip 250,000.00 470,000.00
ap - 65,000.00
bp - 150,000.00 - 215,000.00 255,000.00
gw 45,000.00

14) - inv in subs does not appear in conso fs

15-19 FVCT
Capi stock 100,000.00
APIC 2,400,000.00 2,500,000.00

FVNAA
bv 1,000,000.00
cust list 700,000.00 1,700,000.00
800,000.00

16) Inv in sub 2,500,000.00

CS 100,000.00
15) APIC 2,400,000.00

19) CS 560,000.00
RE 280,000.00
ACI 195,000.00
TS 35,000.00
Inv in sub 1,000,000.00
 #
19) Customer lis 700,000.00
Inv in Sub 700,000.00
#
18) GW 800,000.00
Inv in sub 800,000.00

20) adj to bp-discount

21) FVCT
Cash 1,000,000.00
FVNAA 1,400,000.00
A BPG - 400,000.00

22) FVCT 1,500,000.00

FVNAA
Cash 100,000.00
AR 200,000.00
Inv 450,000.00
PPE 1,000,000.00 1,750,000.00

CL 300,000.00
LTD 500,000.00 - 800,000.00 950,000.00
Goodwill 550,000.00

23) only the parent's SHE will be shown in the conso fs since the subsidiary's is already eliminted

RE in conso fs 2,000,000.00

24) FVCT 430,000.00

FVNAA
Assets 800,000.00
Liab - 400,000.00 400,000.00
gw 30,000.00

parent's SHE 1,250,000.00

25) BB 120,000.00
SS 90,000.00
210,000.00

26) Inv in subs=FVCT 110,000.00

Goodwill=FVCT>FVNAA 30,000.00 greater than
27) Land (BB) 70,000.00
Land (SS) 50,000.00
120,000.00
Conso FS 105,000.00
Adj 15,000.00
Cost of land 10,000.00
25,000.00

28) Total Assets (conso fs)

bb ss adj
cash 60,000.00 35,000.00 -
AR 90,000.00 50,000.00 - 10,000.00
Inv 120,000.00 90,000.00 -
Land 70,000.00 50,000.00 - 15,000.00
Bldg and equip 340,000.00 220,000.00 -
Less: AD - 180,000.00 - 90,000.00 -
inv in subs 110,000.00 - 110,000.00
GW - - 30,000.00
total 610,000.00 355,000.00 - 105,000.00

Liab and eq
AP 75,000.00 55,000.00
WP 30,000.00 20,000.00
NP 25,000.00 200,000.00
CS 325,000.00 30,000.00
RE 155,000.00 50,000.00
Total 610,000.00 355,000.00

29)

30) FVCT 600,000.00

NCI 137,400.00
Total 737,400.00
FVNAA
CA 39,000.00
Land 420,000.00
Bldg 228,000.00
Equip 105,000.00
Liab - 105,000.00 687,000.00
GW 50,400.00

31) FVCT fv
Cash 600,000.00
CP 27,600.00
NCI 147,300.00 147,300.00
 Total 774,900.00
FVNAA 687,000.00
gw 87,900.00

32) FVCT Fv
Cash 600,000.00
NCI 138,900.00 138,900.00
Total 738,900.00
FVNAA 687,000.00
GW 51,900.00

33) FVCT 13,000,000.00 13,000,000.00

FVNAA
CA 6,000,000.00
ppe 200,000,000.00
AD - 50,000,000.00
GW 40,000,000.00
Liab - 140,000,000.00 56,000,000.00
BPG - 43,000,000.00
to offset goodwill 40,000,000.00
BPG - 3,000,000.00

FVCT 7,560,000.00
36) NCI 3,360,000.00
Total 10,920,000.00
FVNAA 8,400,000.00
34) gw 2,520,000.00

35)
FVCT 7,560,000.00
37) NCI 4,800,000.00 4,800,000.00 3,360,000.00
Total 12,360,000.00
FVNAA 8,400,000.00
gw 3,960,000.00

FVCT
Equity 7,200,000.00
SP 1,800,000.00
FVCT 9,000,000.00
40) NCI 2,400,000.00
Total 11,400,000.00
FVNAA 9,600,000.00
38) GW 1,800,000.00
 FVCT 9,000,000.00
41) NCI 2,640,000.00
Total 11,640,000.00
FVNAA 9,600,000.00
39) GW 2,040,000.00

46) 65,000.00
47)) 100,000.00
48) 300,000.00
49)
FVCT 300,000.00
51) NCI 100,000.00 100,000.00 83,750.00
Total 400,000.00

FVNAA
Cash and rec 40,000.00
Inv 65,000.00
Land 100,000.00
BE 300,000.00
AP - 30,000.00
ITP - 40,000.00
BP - 100,000.00
335,000.00

GW 65,000.00

50) 0, inv in subs will only be shown in the sep fs

Full Parent NCI

Total FVCT 400,000.00 300,000.00 100,000.00
BV of SHE 280,000.00 210,000.00 70,000.00
Balance 120,000.00 90,000.00 30,000.00
FV adj 55,000.00 41,250.00 13,750.00
balance 65,000.00 48,750.00 16,250.00

52) Jonathan 90,000.00

Sea-Gull 45,000.00
135,000.00

53) FVCT 160,000.00 40,000.00 37,000.00

56) NCI 40,000.00
Total 200,000.00

FVNAA
 Cash 20,000.00
AR 30,000.00
Inv 45,000.00
Land 60,000.00
BE 150,000.00
Less: AD - 50,000.00 255,000.00

AP 30,000.00
BP 40,000.00 70,000.00 185,000.00
GW 15,000.00

54) Jonathan 610,000.00

Adj
Inv in subs - 160,000.00
GW 15,000.00 465,000.00

Sea-Gull 230,000.00
Adj
Inventory 5,000.00
Land 20,000.00 255,000.00

Total Assets (conso fs) 720,000.00

55) Liab
Jonathan 205,000.00
Sea-gull 70,000.00
275,000.00

57) Retained Earnings (parent 205,000.00

58) SHE (parent0 405,000.00
NCI 40,000.00
445,000.00

59) Poole Co 132,000.00

Swimmer 60,000.00
conso fs (inv) 192,000.00

60) FVCT 440,000.00

NCI 146,666.67 146,666.67 140,000.00
Total 586,666.67
FVNAA
Asset 702,000.00
Liab - 142,000.00
560,000.00
 GW 26,666.67
Parent 20,000.00
NCI 6,666.67

Cash 24,000.00 206,000.00

AR 144,000.00 26,000.00
Inv 132,000.00 60,000.00
Land 78,000.00 60,000.00
Plant Assets 700,000.00 350,000.00
Acc Dep'n - 240,000.00
Inv in subs 440,000.00 - 440,000.00
GW 26,666.67

61) PP Corp 130,000.00

SS Corp 85,000.00
215,000.00

62) FVCT 150,500.00

NCI 52,500.00
Total 203,000.00
FVNAA
Assets 440,000.00
Liab 265,000.00 175,000.00
GW 28,000.00

63) FVCT 150,500.00

NCI 64,500.00 64,500.00 52,500.00
Total 215,000.00
FVNAA 175,000.00
40,000.00
64)
Cash 44,000.00 30,000.00 74,000.00
AR 110,000.00 45,000.00 155,000.00
Inv 130,000.00 85,000.00 215,000.00
Land 80,000.00 45,000.00 125,000.00
Bldg and equip 500,000.00 400,000.00 900,000.00
Less: Accu Dep'n - 223,000.00 - 165,000.00 - 388,000.00
Inv in Corp Stock 150,500.00 -
GW - 40,000.00
Total 1,121,000.00

65) PP Corp 436,500.00

 SS Corp 265,000.00
701,500.00

66) FVCT 150,500.00

NCI 52,500.00
Total 203,000.00
FVNAA
Assets 440,000.00
Liab 265,000.00 175,000.00
GW 28,000.00

67)
FVCT 150,500.00
NCI 64,500.00 64,500.00 52,500.00
Total 215,000.00
FVNAA 175,000.00
40,000.00

68) PP Corp 205,000.00

69) CS 150,000.00
RE 205,000.00
NCI 64,500.00
Total SHE 419,500.00

70) FVCT 60,000.00

NCI 10,000.00
Total 70,000.00
FVNAA 50,000.00
GW 8,000.00

71) FVCT 60,000.00

NCI 15,000.00 15,000.00 10,000.00
Total 75,000.00
FVNAA 50,000.00
10,000.00

72) CA 90,000.00
Inv 15,000.00
Total 105,000.00

73) Park 90,000.00

Strand 40,000.00
Goodwill 8,000.00
138,000.00
74) Park 90,000.00
Strand 40,000.00
gw 10,000.00
140,000.00

75) Park
CL 30,000.00
Debt payable 6,000.00
Strand 10,000.00
total 46,000.00

76) Park
NC 50,000.00
Debt payable 54,000.00
104,000.00

77) SHE 80,000.00

NCI 10,000.00
90,000.00

78) SHE 80,000.00

NCI 15,000.00
95,000.00

79) Pamela 99,000.00

Snicker 45,000.00
144,000.00

80) FVCT 330,000.00

NCU 115,000.00 110,000.00 115,000.00
Total 445,000.00
FVNAA 460,000.00
- 15,000.00

81) Pamela 224,000.00

81) Total Assets

Pamela
Cash 18,000.00 155,000.00 173,000.00
AR 108,000.00 20,000.00 128,000.00
Inv 99,000.00 45,000.00 144,000.00
Land 60,000.00 45,000.00 105,000.00
Plant Assets 525,000.00 30,000.00 555,000.00
AD - 180,000.00 - 180,000.00
 925,000.00

83) BB SS Adj
Cash 63,650.00 35,000.00 -
AR 98,000.00 65,000.00 - 15,000.00
Inv 105,000.00 80,000.00 10,000.00
Bldg and Equip 400,000.00 340,000.00 40,000.00
AD - 215,000.00 - 140,000.00 -
Inv 168,350.00 - - 168,350.00
GW - 9,000.00
Total Assets 620,000.00 380,000.00 - 124,350.00

AP 115,000.00 46,000.00 - 15,000.00

WP 70,000.00 24,000.00 -
NP 200,000.00 110,000.00
CS 120,000.00 75,000.00 - 75,000.00
RE 115,000.00 125,000.00 - 125,000.00
NCI 90,650.00
Total 620,000.00 380,000.00

83) 15000
84) 65000
85) 70,000;24,000

86)
SS Adj
Cash 35,000.00 - 35,000.00
AR 65,000.00 - 15,000.00 50,000.00
Inv 80,000.00 10,000.00 90,000.00
Bldg and Equip 340,000.00 40,000.00 380,000.00
AD - 140,000.00 - - 140,000.00
Total Assets 380,000.00 35,000.00 415,000.00

AP 46,000.00 - 15,000.00 31,000.00

WP 24,000.00 - 24,000.00
NP 110,000.00 110,000.00

87)
FVCT 168,350.00 0.65
NCI 90,650.00
Total 259,000.00
FVNAA 250,000.00

88) CS 120,000.00
 RE 115,000.00

89) FVCT 600,000.00

NCI 257,142.86 257,142.86 204,000.00
Total 857,142.86
FVNAA 680,000.00
gw 177,143

90) Price 150,000.00

Shandie 500,000.00
650,000.00

91) 350,000.00
92) Fair value 4,200,000.00
PAR 2,500,000.00
APIC 1,700,000.00
Issuance fees - 100,000.00
Addtl 1,600,000.00
APIC Pavin beg 7,500,000.00
9,100,000.00

93) 600,000.00
94) PS 1,500,000.00
FVNAA - 1,400,000.00
100,000.00

FV 1,400,000.00
BV 900,000.00
GW 100,000.00
600,000.00
ready eliminted
conso
95,000.00
130,000.00
210,000.00
105,000.00
560,000.00
- 270,000.00
-
30,000.00
860,000.00

120,000.00
50,000.00
450,000.00
100,000.00
140,000.00
860,000.00

prop

137,400.00
Prop

137,400.00
inv - 5,000.00
land 10,000.00
BE 50,000.00
55,000.00
 230,000.00
170,000.00
192,000.00
138,000.00
1,050,000.00
- 240,000.00
-
26,666.67
1,566,666.67
Conso
98,650.00
148,000.00
195,000.00
780,000.00
- 355,000.00

9,000.00
875,650.00

146,000.00
94,000.00
310,000.00
120,000.00
115,000.00
90,650.00
875,650.00

415,000.00

- 165,000.00
250,000.00