Bullen Inc. acquired $100\%$ of the voting common stock of Vicker Inc. on January $1,2013.$ The book value and fair value of Vicker's

accounts on that date $($prior to creating the combination$)$ follow, along with the book value of Bullen's accounts:

Assume that Bullen issued $12,000$ shares of common stock with a $$5$ par value and a $$47$ fair value to obtain all of Vicker's

outstanding stock. In this acquisition transaction, how much goodwill should be recognized?

and a $$42$ fair value for all of the outstanding stock of Vicker. What is the consolidated balance for Land as a result of this

acquisition transaction?