EJERCICIO II SIMPLE VALUE ANALYSIS Loren Company is considering the cash purchase of 100% of the outstanding stock of Lucas Company. The terms are not set, and alternative prices are being considered for negotiation. The balance sheet of Lucas Company shows the following values: Appraisals reveal that the inventory has a fair vlue of $160,000 and that the land and building have fair values of $100,000 and $300,000, respectively. About what price would goodwill be recorded? Or about what price would a Gain be recorded? EJERCICIO II SIMPLE VALUE ANALYSIS Loren Company is considering the cash purchase of 100% of the outstanding stock of Lucas Company. The terms are not set, and alternative prices are being considered for negotiation. The balance sheet of Lucas Company shows the following values: Appraisals reveal that the inventory has a fair vlue of $160,000 and that the land and building have fair values of $100,000 and $300,000, respectively. About what price would goodwill be recorded? Or about what price would a Gain be recorded