Image transcription text Kracker Barrell paid $16,200 for a 90% interest in Savory on January

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Kracker Barrell paid $16,200 for a 90% interest in Savory on January 1, 2021,
when Savory stockholders’ equity consisted of $10,000 Capital Stock and
$3,000 of Retained Earnings. The excess cost over book value w…
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FOR ANY CALCULATION, DO NOT ROUND AMOUNTS Required: Carefully
Follow and label each step. Points 1. Prepare the acquisition analysis as of
acquisition date. Compute the unamortized differential as of 1/1/2…
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INCOME STATEMENT FYE 12/31122 Sales Equity in sub earnings gain on sale
of equip Gain on sale of land Total revenues Cost of goods sold Expenses
Total expenses Total Net income Less net income to NCI Net inc…
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cash 5,500 33,000 38,500 accts rec 7,000 4,000 11,000 Inventory 10,000
4,500 14,500 Land 50,000 3,500 53,500 Equipment, net 24,000 9,000
33,000 Investment in 8 20,400 20,400 0 Total assets 116,900 54…
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