Use the following formula to determine the periodic deposit. upper p equals startstartfraction upper a left parenthesis startfraction r over n endfraction right parenthesis overover left bracket left parenthesis 1 plus startfraction r over n endfraction right parenthesis superscript nt baseline minus 1 right bracket endendfraction b. how much of the financial goal comes from deposits and how much comes from interest? a. in order to have $4 comma 000 comma 000 in 30 years, $ nothing should be deposited each month. (do not round until the final answer. then round up to the nearest dollar.) b. of the $4 comma 000 comma 000, $ nothing comes from deposits and $ nothing comes from interest. (use the answer from part a to find this answer. round to the nearest dollar as needed.)

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1