4 P3.3 Stock Acquisition and Consolidation Working Paper Eliminating Entries Pfizer Inc. ac- c. quired all of the stock of Pharmacia for 1,817 million shares of its $0.05 par value stock on April 16, 2003. The fair value of the stock issued was $30.75/ share. Merger-related cash costs were $101 million. Pharmacia's stockholders' equity accounts at the date of acquisition totaled $7,236 million, and the fair values of its assets and liabilities differed from reported book values as follows: Round all answers to the nearest million. Required a. Prepare the journal entry Pfizer made to record the acquisition on its own books, following current U.S. GAAP. b. Calculate the goodwill purchased in this acquisition. c. Prepare the consolidation working paper eliminating entries needed to consolidate the balance sheets of Pfizer and Pharmacia on April 16, 2003