1 (a) (b) ( c)

CoA 6,300.00 6,300.00 6,300.00

NCI 2,800.00 4,000.00 4,120.00
FV 7,000.00 7,000.00 7,000.00
GW 2,100.00 3,300.00 3,420.00

2 1 CoA 350,000.00
NCI 64,000.00
FV 320,000.00
GW 94,000.00

3 Parent 60,000.00
Subsidiary 150,000.00
a 3,000.00
Total 213,000.00

4 P S
NI 300,000.00 150,000.00
Div (40,000.00)
a Invty (5,000.00)
PPE (3,000.00)
% 113,600.00 (113,600.00)
Total 373,600.00 28,400.00
Beg 500,000.00 64,000.00
Div (100,000.00) (10,000.00)
End 773,600.00 82,400.00

Assets Liab SHE

1 2,300,000.00 600,000.00 1,773,600.00
2 550,000.00 150,000.00 82,400.00
3 (350,000.00)
4 94,000.00
a (50,000.00) (50,000.00)
b Inventory 5,000.00
Amortization (5,000.00)
PPE 15,000.00
Amortization (3,000.00)
Total 2,556,000.00 700,000.00 1,856,000.00

3 CoA
Cash 2,500,000.00
NCA 50,000.00 2,550,000.00
NCI 850,000.00
FV 3,255,000.00
Goodwill 145,000.00

1 P current assets 5,800,000.00

S current assets 950,000.00
 CoA (2,500,000.00)
DC (25,000.00)
Total 4,225,000.00

2 P NCA 12,500,000.00
S NCA 2,475,000.00
Goodwill 145,000.00
Total 15,120,000.00 19,345,000.00

3 P Liab 2,500,000.00
S Liab 170,000.00
Total 2,670,000.00

4 P SHE beg 15,800,000.00

NCI 850,000.00
CoA 50,000.00
DC (25,000.00)
Total 16,675,000.00 19,345,000.00

4 CoA 818,000.00
NCI 295,000.00
FV 954,000.00
GW 159,000.00

1-2 PETER SUSAN

Net Income 208,000.00 180,000.00
a Dividend Income (7,000.00)
b Amortization of NCAs, BV≠FV
Inventory 3,000.00
Building (9,750.00)
Patent 2,125.00
% of Ownership 122,762.50 (122,762.50)
Total 323,762.50 52,612.50

3-4 Assets Liabilities

1 P Assets 2,593,000.00 635,000.00
2 S Assets 1,235,000.00 75,000.00
3 Investment in S (818,000.00)
4 Goodwill 159,000.00
a Inter Co Rec (25,000.00) (32,000.00)
b Inventory (18,000.00)
Amortization 18,000.00
Building 39,000.00
Amortization (19,500.00)
Patent (17,000.00)
Amortization 4,250.00
Total 3,150,750.00 678,000.00
5 SHE-S 12/31 at BV 1,160,000.00
b NCAs,BV≠FV
Inventoy (18,000)
Building 39,000
Patent (17,000)
Amortization
Inventory 18,000.00
Building (19,500.00)
Patent 4,250.00 6,750
SHE-S 12/31 at FV 1,166,750.00
NCI % 0.30
NCI 12/31/x7 @ PGW 350,025.00
Diference of NCI @ PGW and GW on DoA
NCI 1/1/X6 @ FGW 295,000.00
NCI 1/1/X6 @ PGW 286,200.00 8,800.00
NCI 12/31/x7 @ FGW 358,825.00

6 P-CS 1,000,000.00
P-RE 958,000.00
Inc from S
2 Incease in S RE 210,000.00
b AMORTIZATION
Inventory 18,000.00
Building (19,500.00)
Patent 4,250.00
Total 212,750.00 148,925.00
Unrecorded dividend income (x7) 7,000.00 1,113,925.00
NCI 358,825.00
Conso SHE 2,472,750.00