E3-6 Push-down accounting Lizzy NV acquired 100 percent of the outstanding common stock of Patricia NV by issuing 10,000 shares of $10 par common stock with a market value of $45 per share on December 31, 2014. The acquisition is recorded using pushdown accounting. The balance sheet of Patricia NV on December 31, 2014 is as follows (in thousands):

Book Value Fair Value Cash $40,000 $40,000 Accounts Receivable 30,000 20,000 Inventories 50,000 80,000 Plant Assets 230,000 280,000 Accounts Payable 50,000 40,000 Capital Stock, $10 par 100,000 Retained Earnings 200,000 REQuIRED 1. What is the amount of goodwill that will be shown in the balance sheet of Patricia NV?

2. What is the amount of push-down capital that will be shown in the balance sheet of Patricia NV?