te market interest rate c. Goodwill Decker Company purchased the net assets of the Black company...
te market interest rate c. Goodwill Decker Company purchased the net assets of the Black company for $1.250,000 on January 1, 2017. Account information for Black accounts is as follows: Net book value Estimated fair value dland 80,000 ZOO 150,000 Plant and equipment 550.000 SOLD 700,000 Patents 200,000 Liabilities 200,000 /AID 190,000 Total Assets 130,00 1,050,000 Calculate the amount of goodwill to be reported 2000 VOLVC of 1525 70,000 - 550,01 - 630.000 - Lioblines 630,000 - 200,000 = 430,000 For volve osse 150,0001700,000 300,000 = 050,0D 450.000 Excess Purchase price Difference blw (fichual Purchase price (83+ bon i velic-Liab) 1,250,000-430,000 = 820,000) ceas PP 20.000 +70,000) - 150, 000) -200.000 = 400,000 + 10,000 = 110,000 (Lobil yox Good will