Answers given. Can you please explain the calculations.

The following information applies:

Huey Company acquires 100% of the stock of Solar Corporation on January 1, 2019, for $2,400,000 cash. As of that date Solar had the following account balances:

	Book Value	Fair value
Cash	$300,000	$300,000
Accounts receivable	325,000	325,000
Inventory	350,000	$400,000
Building-net (10 year life)	1,000,000	900,000
Equipment-net (5 year life)	300,000	400,000
Land	600,000	900,000
Accounts Payable	125,000	125,000
Bonds Payable (Face amount $1,000,000; due 12/31/2023)	2,000,000	2,050,000
Common stock	700,000
Additional paid-in capital	250,000
Retained earnings	880,000

In 2019 and 2020, Solar had net income of $250,000 and $240,000, respectively. In addition, Solar paid dividends of $16,000 in both years. Inventory is assumed to be sold in 2019. Assume straight line amortization/ depreciation for assets and bonds payable.

25. What was the amount of excess of acquisition price over book value of Solar's net assets?

d. $ 570,000

26. What is the amount of goodwill at date of acquisition?

b. $270,000

27. What amount of inventory would be added to the parent's inventory balance to get consolidated inventory at date of acquisition?

c. $400,000

29. What amount of Solars equipment would be included on the consolidated balance sheet at December 31, 2019?

d. $380,000