| Use the following template to complete your week 1 calculation assignment. | | DO NOT MODIFY THE FORMAT OF THIS SPREADSHEET. | | | Required 1 |
| | | (I.e. do not add or delete lines.) | | | Use Word document to complete required 2. |
| You name here below: | | Save your file as Week 1 Your first name, your last name |
| Arizona Corp. | | Fill in the amount below. |
| | | (Replace the ? Below with your answer) |
| Inglewood Fair Value Allocation Schedule |
| December 1, 2019 |
| Payment by Inglewood ($66 fair value x 20,000 sh) | | ? |
| Book value of Arizona Corp. (assets - liabilities) | | ? |
| Excess of fair value over book value | | ? |
| Allocation to specific accounts between fair value and book value: |
| Inventory (undervalued) | | ? |
| Land (overvalued) | | ? |
| Building (undervalued) | | ? |
| Liabilities | | ? |
| Goodwill | | ? |