heather 2 - Crane 12/31 $730,000.00 $1,950,000.00...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Crane Downey Downey Percentage of Downey Owned 12/31 3/31 12/31 Total Value Crane Other Cash $730,000.00 $175,000.00 $180,000.00 Purchase Price $3,645,000.00 Inventory $1,950,000.00 $260,000.00 $340,000.00 Book Value $4,000,000.00 $3,000,000.00 $1,000,000.00 $17,650,000.00 $5,150,000.00 $5,765,000.00 $645,000.00 Accumulated Depreciation $(4,655,000.00) $(935,000.00) $(1,250,000.00) Investment in Downy $3,886,875.00 Purchase Differential Expenses $6,400,000.00 $1,000,000.00 $4,265,000.00 75% 25% Dividends $1,275,000.00 $150,000.00 $250,000.00 Inventory $300,000.00 $225,000.00 $75,000.00 Total Debits $27,236,875.00 $5,800,000.00 $9,550,000.00 $700,000.00 $525,000.00 $175,000.00 Liabilities $3,550,000.00 $650,000.00 $500,000.00 Total $1,000,000.00 $750,000.00 $250,000.00 Common Stock $350,000.00 $100,000.00 $100,000.00 Goodwill $105,000.00 Addition PIC $2,650,000.00 $850,000.00 $850,000.00 Retained Earnings $9,720,000.00 $2,800,000.00 $2,800,000.00 Sales $10,650,000.00 $1,400,000.00 $5,300,000.00 $105,000.00 Amortizing Purchase differential schedules
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

heather 2 - Crane 12/31 $730,000.00 $1,950,000.00...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online