Apprentice Corporation Balance Sheet December 31, 2021 Assets $6,058,136 Liabilities Common Retained Total liabilities and shareholders' \begin{tabular}{rr} $ & 3,634,882 \\ $ & 908,720 \\ $ & 1,514,534 \\ \hline$ & 6,058,136 \\ \hline \hline \end{tabular} Expert Incorporated purchased 30% of the common shares of Apprentice Corporation on December 31, 2021 for the following amount: $793,858 Assume that this investment gives Expert Incorporated significant influence over Apprentice Corporation. Assume also that Expert follows IFRS. Apprentice Corporation's depreciable assets are undervalued on the balance sheet by the following amount as of December 31, 2021: 107,887 The number of years remaining in the estimated useful life of Apprentice Corporation's depreciable assets is as follows as of December 31, 2021: 6 For the year ended December 31, 2022, Apprentice Corporation generated the following amount of net income: $269,289 Apprentice Corporation paid dividends in the following amount on Detober 15, 2022: $94,251 Required: 1. Calculate the portion of the purchase price of the investment that is considered to be goodwill. (3 marks) 2. Prepare any applicable journal entries for Expert's investment in the shares of Apprentice Corporation on each of the following [a] December 31, 2021[1mark) (b) Detober 15,2022 (2 marks) (c) December 31, 2022 (4 marks)