A company issues 1,000,000 shares of new stock with a fair value of $25/share to acquire 80% of the stock of another company. Registration fees for shares issued are $700,000 paid in cash. Out-of-pocket consulting fees connected with the acquisition are $500,000, paid in cash. There is an earnings contingency with an expected present value of $1,000,000. The fair value of the noncontrolling interest at the date of acquisition is $5,000,000, and the book value of the acquired company is $4,000,000. The acquired company has previously unreported identifiable intangible assets of $7,000,000, and its noncurrent assets are overvalued by $2,000,000. What is the total reported goodwill on this acquisition, following U.S. GAAP? Multiple Choice 0 18,000,000 0 32,000,000 o o None of the rest of the answers are correct. 22.000.000