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Compute the amount of acquired Goodwill, including contingent earnings and bargain purchase Assume thatyou are charged with ossigning fairvalues related to a 52290,000 acquision. You

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Compute the amount of acquired Goodwill, including contingent earnings and bargain purchase Assume thatyou are charged with ossigning fairvalues related to a 52290,000 acquision. You determine that the fair value of the net identifable targible assets is 51,110000. You also condude thatche purchuse included a Customer List with a fair vatue at $204,000. 4. How much Goodwhi wil you recard in thes acquition? b. Continuing from part fal now aiso assume that the purchase and sale agreement requires the payment of an additional s555,000 if the subsidiary achieves a certain in of earnings. You estimate the fair value of that contingent eamings clacuse in the agreement to be 5132,000 . How does this additional information affect your computatic of Goodwil? The ainount of Goodwili resorded is 3 c. This part of the exercise is independent of parts (a) and (b) Assume that the purchase price is s2,280,000 and that fair value of the net identifiable tangible assetsis 51,110,000. You aho conclude that the purchase included a Customer List that you value at 3384,000 and a Patent valued at 31,140.000. How much Goodwil wil you re in this acquitition? The amount of coodwili recorded o:s

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