26 Annual Excess Amortization a. Acquisition-date total fair value Book value of net assets Fair value in excess of book value Excess fair value...

26. **Please see attached template **

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s outstanding shares continue to trade at a collective value of $174,000. On the acquisition date, Sawyer has the following accounts: (see attachment)

a.Assume that the acquisition took place on January 1.