2) The fair market value of goodwill developed by Jonsub Ltd. (i.e. not purchased) was $300,000 3) Jonsub has the following losses: a. Non Capital losses - $43,000 from 2014; $7,000 from 2013 b. Net capital losses- $14,000 from 2014; $10,000 from 2013 Required (A) Advise both Jonsub and Normpar on the tax consequences of an amalgamation. (B) Advise both Jonsub and Normpar on the tax consequences of a winding-up 'Hint: Remember that there is a disposition at the corporate level and a disposition at the shareholder level. Remember to talk about losses