1. Pop Corporation paid $100,000 cash for the net assets of Son Company, which consisted of the following: 2. On April 1, Pam Company paid $1,600,000 for all the issued and outstanding common stock of Sun Corporation in a transaction properly accounted for as an acquisition. Sun Corporation is dissolved. The recorded assets and liabilities of Sun Corporation on April 1 follow: Assume Son Company is dissolved. The plant and equipment acquired in this business combination should be recorded at: a. $220,000 b. $200,000 c. $183,332 d. $180,000 On April 1, it was determined that the inventory of Sun had a fair value of $380,000, and the property and equipment (net) had a fair value of $1,120,000. What is the amount of goodwill resulting from the acquisition? a. 0 1. $100,000 . $300,000 . $360,000