Homework Answers
| Excess fair value of assets acquired | $ 300,000.00 | |
| Building (30% ) | $ 90,000.00 | |
| Amortization Expenses for 5 yeears = 90000 x 5/8 | $ 56,250.00 | |
| Book Value | $ 33,750.00 | |
| Consolidated amout of Building ob dec 31st 2009 = (120000+33750) | $ 153,750.00 | Correct option |
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