( 4 points ) Laske Corp and Zhang LTD merge on January 1 2015 Before the merge transaction , the balance sheets of the two companies are as follows Laske Co Zhang LTD in millions $1850 Assets 52. 800 $950 Liabilities $1 275 Common stock ( $1 par value ) 50 200 225 225 Additional paid - in capital Retained earnings LOL Total liabilities and equities $2 800 $1 850 Laske issues 80 000 shares of its common stock with a market value of $4 . 2 billion to the owners of Zhang in return for all of their shares of Zhang common stock . The assets of Zhang have a market value in excess of book value of $140 million . Calculate the goodwill as a result of this transaction