Bartholomew Corporation acquired all of the outstanding shares of Samson Company in Year 1 by paying $6,875,000 in cash. The fair value of Samsons identifiable net assets is $5,000,000. Samson is a separate cash-generating unit and reporting unit. At the end of Year 1, Bartholomew compiles the following information for Samson:

Amount at which the shares of Samson could be sold . $5,000,000

Fair value of Samsons identifiable net assets excluding goodwill . $4,500,000

Costs that would be incurred to sell the shares of Samson ... $ 200,000

Present value of future cash flows from continuing to control Samson .. $4,750,000

A. What amount of goodwill should be reported from the acquisition of Samson under IFRS/GAAP?

B. At what amount should Samsons identifiable net assets and goodwill be reported on Bartholomews consolidated balance sheet at the end of Year 1 under U.S. GAAP and IFRS?