Assume Daleran Company paid $18 million to acquire Barnes Industries. Assume further that Bames had the following summarized data at the time of the Daleran acquisition (amounts in millions): (Click the icon to view the data.) Barnes's current assets had a current market value of $17 million, long-term assets had a current market value only $20 million, and liabilities had a market value of $29 million. Read the requirements. Requirement 1. Compute the cost of goodwill purchased by Daleran Company. (Enter amounts in millions.) Cost of goodwill purchased: Millions A Requirements Less: 1. Compute the cost of goodwill purchased by Daleran Company. 2. Journalize Daleran's purchase of Barnes Industries. 3. Explain how Daleran will account for goodwill. Cost of goodwill Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts remaining Clear All million i Data Table X nel Assets Current assets Barnes Industries Liabilities and Equity $ 17 Total liabilities $ 21 Stockholders' equity $ 38 $ 29 9 Long-term assets 38 Print Done