boon corporation purchased a 10 interest in doyle company on january 1 2011 as an available for sale investment for a price of 40000

At the time of the second purchase, Boon determined that Doyle equipment was understated by $50,000 and had a 5-year remaining life. All other book values approximated fair values. Any remaining excess was attributed to goodwill.
1. Prepare the value analysis and the determination and distribution of excess schedule for the 2016 purchase.
2. Record the investment made by Boon on January 1, 2016, and any required adjustment of the prior 10% interest.