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25 7 Non Corporation purchased 90 percent of outstanding common stock of Soon Company, by 900,000 in cash on January 1, 2014. The total net

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25 7 Non Corporation purchased 90 percent of outstanding common stock of Soon Company, by 900,000 in cash on January 1, 2014. The total net assets of Soon Company during the time of acquisition were 900,000. At that time the identified net assets book values of Soon Company was equal to the fair values, except for unrecorded patent of 20,000 with 10-year useful life. The Excess allocated to goodwill equal 98,000 100,000.00 80,000 .CO 120,000.00

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