Assume Raltron Company paid $21 million to acquire Birthright Industries. Assume further that Birthright had the following summarized data at the time of the Raltron acquisition (amounts in millions): (Click the icon to view the data.) Birthright's current assets had a current market value of $9 million, long-term assets had a current market value of only $25 million, and liabilities had a market value of $25 million. Read the requirements. Data Table Requirements Requirement 1. Compute the cost of goodwill purchased by Raltron Company. (Enter amounts in millions.) Cost of goodwill purchased: Millions 1. Compute the cost of goodwill purchased by Raltron Company. 2. Journalize Raltron's purchase of Birthright Industries. 3. Explain how Raltron will account for goodwill. Less: Birthright Industries Assets Liabilities and Equity Current assets ....... $ 9 Total liabilities .... ......$ Long-term assets ....._ 26 Stockholders' equity ..... - $ 35 $ 25 10 Print Done Cost of goodwill 35 Print Done