on january 1 year 10 panet purchased an additional 135000 common shares of saffer for 1890000 saffer shareholders equity section was as follows

The plant and equipment had a remaining useful life of 20 years. The long-
term liabilities mature on December 31, Year 20.
The balance sheets as at December 31, Year 12, and the income statements for
the year ending December 31, Year 12, for the two companies are as follows: