1) Assume Large Corporation Invested $ 600,000 for Small Corporation and the estimated Fair Market Values of Assets, Liabilities and Equity Accounts are as follows:

Assets	Amount $	Liabilities	Amount $
Account Receivable Inventory LT Marketable Securities PP & E	125,000 50,000 55,000 170,000 400,000	Account Payables Retained Earnings Commons Stock	180,000 120,000 100,000 400,000

Required:

1. Determine the Amount of Goodwill or Bargain Purchase.
2. What is the Journal Entry in the book of Large Corporation?