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Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was allocated to undervalued equipment

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Answer:

Hello your question is incomplete attached below is the complete question

answer : consolidated Total sales = $1008000

Explanation:

Determine the consolidated totals for sales

to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )

Consolidated Total sales = ($70000 + $400000 ) - $92000

                                          = $1100000 - $92000 = $1008000

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