3-49 podwill on LO3 On January 1, 2020, the balance sheet of Naperville Company (a sole proprietorship) was as follows Liabilities Assets Accounts receivable (net of allowance) ..... $ 60,000 Current.... Inventory... 90,000 Noncurrent Plant and equipment (net of depreciation). 200,000 Equity Land 30,000 Owners' equity Total assets. $380,000 Total liabilities and owners' equity. $38,000 80.000 26208 $3800 Chapter 13 Intangible Assets and Goodwill On January 1, 2020, Chicago Corporation purchased all of the assets and assumed all of the liabilities listed on ion as follows: accounts receivable (net), $50.000; inventory, $85,000: plant and equipment (net), $200,000, and lund, 545,000. In addition, Chicago Corporation estimated purchased intangible assets of $2,000 for customer list and $8.000 for trade names (both previously unrecorded). The liabilities were valued at their carrying amounts. Required a Compute the amount of goodwill included in the purchase price paid by Chicago Corporation h Provide the entry that Chicago Corporation should make to record the purchase of Naperville Company. What is the minimum amount of goodwill that Chicago Corporation can amortize at the end of 2020