Arizona Corporation acquired the business Data Systems for $320,000 cash and assumed all abilities at the date of purchase. Data's books showed tangible assets of $340,000, liabilities of $19,000, and stockholders equity of $321,000. An appraiser assessed the fair market value of the tangible assets at $310,000 and liabilities at $19,000 at the date of acquisition Arizona Corporation's financial condition just prior to the acquisition is shown in the following statements model Balance sheet Income Statement Asseto Tangible Assets NA Cash 540.000 + + Goodvill MA - Liabilities + NA Stockholders Equity 540,000 Statement of Cash Not Income Flowe NA NA Revenge NA Expenses NA + Required a. Compute the amount of goodwill acquired. b. Record the acquisition in a financial statements model. Arizona Corporation's financial condition just prior to the acquisition is shown In the financial statements model. d. Record the acquisition in general journal format Complete this question by entering your answers in the tabs below. Required A Required Required D Compute the amount of goodwill acquired Goodwill Complete this question by entering your answers in the tabs below. Required A Required Required D Record the acquisition in a financial statements model. Arizona Corporation's financial condition just prior to the acquisition is shown in a horizontal statements model: Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, and FA for financing activity. Leave blonk to indicate that an element is no event. Enter any decreases to account balances and cash outflows with a minus sign) ARIZONA CORPORATION Horizontal Statements Model Balance Sheet Income Statement Assets Event Statement of Cash Flows Liabilities Stockholders Equity Revenue Net Income Expenses Cash 540,000 Tangible Assets Goodwill 540,000 Acquisition