Advance Accounting

estion Completion Status: E Increase expenses, Decrease investment QUESTION 5 On June 30, 2019 the Suslava Company purchased 100% of the outstanding stock of Desai Inc. Just prior to the acquisition there is $1,250,000 of goodwill on the books of Suslava and $625,000 of goodwill on the books of Desai. In determining the fair value of the acquisition, the accountants for Suslava allocated $550,000 of the purchase price to goodwill. The consolidated goodwill after the acquisition should total A. $2,425,000 O B $1,875,000 O C. $1,175,000 O D. $550,000 OE $1, 800,000 QUESTION 6