Determine the amount of goodwill to be reported and the amount of goodwill inpaimes, if any, if the fair value of the reporting unit is determined to be a. $580,000, b. $540,000, e. $500,000. d. $460,000. Computation of Fair Value Grant Company acquired all of Bedford Corporation's assets and liabilities on January 1, 20X2, in a business combination. At that date, Bedford reported assets with a book value of $624,000 and liabilities of $356,000. Grant noted that Bedford had $40,000 of capitalized research and development costs on its books at the acquisition date that did not appear to be of value. Grant also determined that patents developed by Bedford had a fair value of $120,000 but had not been recorded by Bedford. Except for buildings and equipment, Grant determined the fair value of all other assets and liabilities reported by Bedford approximated the recorded amounts. In recording the transfer of assets and liabilities to its books, Grant recorded good- will of $93,000. Grant paid $517,000 to acquire Bedford's assets and liabilities. If the book value of Bedford's buildings and equipment was $341,000 at the date of acquisition, what was their fair value? 19 0 Computation of Shares Issued and Goodwill Dunyain Company acquired Allsap Corporation on January 1, 20X1, through an exchange of common shares. All of Allsap's assets and liabilities were immediately transferred to Dunyain, which reported total par value of shares outstanding of $218,400 and $327,600 and additional ecen on iwadiataly bele and after the business combination. Determine the amount of goodwill to be reported and the amount of goodwill inpaimes, if any, if the fair value of the reporting unit is determined to be a. $580,000, b. $540,000, e. $500,000. d. $460,000. Computation of Fair Value Grant Company acquired all of Bedford Corporation's assets and liabilities on January 1, 20X2, in a business combination. At that date, Bedford reported assets with a book value of $624,000 and liabilities of $356,000. Grant noted that Bedford had $40,000 of capitalized research and development costs on its books at the acquisition date that did not appear to be of value. Grant also determined that patents developed by Bedford had a fair value of $120,000 but had not been recorded by Bedford. Except for buildings and equipment, Grant determined the fair value of all other assets and liabilities reported by Bedford approximated the recorded amounts. In recording the transfer of assets and liabilities to its books, Grant recorded good- will of $93,000. Grant paid $517,000 to acquire Bedford's assets and liabilities. If the book value of Bedford's buildings and equipment was $341,000 at the date of acquisition, what was their fair value? 19 0 Computation of Shares Issued and Goodwill Dunyain Company acquired Allsap Corporation on January 1, 20X1, through an exchange of common shares. All of Allsap's assets and liabilities were immediately transferred to Dunyain, which reported total par value of shares outstanding of $218,400 and $327,600 and additional ecen on iwadiataly bele and after the business combination