Homework Answers
Solultion:A) If the marketing software was undervalued by $43000, the amount for sofplus $129000 appear in PanTech's December 31,2017, consolidated financial statement.
Fair Value of Softplus: 301000 - 43000 = 129000
B) If the marketing software was overvalued by $43000, the amount for sofplus $215000 appear in PanTech's December 31,2017, consolidated financial statement.
Fair Value of Softplus: 301000 - 129000 + 43000 = 215000
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