Exhibit 8.27 presents income statements and balance sheets taken from the separatecompany books…

Exhibit 8.27 presents income statements and balance sheets taken from the separatecompany books at the end of 2014. The following information applies to these companies:

• The fixed assets of Daytona Co. had an average remaining life of five years on January 1, 2014. The firms use the straight-line depreciation method.

• The patent of Daytona Co. had a remaining life of ten years on January 1, 2014.

• Daytona Co. settled the lawsuit during 2014 and expects no further liability.

• Daytona Co. will amortize and fund its retirement health care benefits obligation over 20 years. It included $1 million in operating expenses during 2014 related to amounts unrecognized and unfunded as of January 1, 2014.

• The test for goodwill impairment indicates that no impairment charge is necessary for 2014.