Goodwill Stillman Company is considering purchasing EKC Company, EKC's balance sheet at December 31, 2019, is as follows: At December 31, 2019, Stillman discovered the following about EKC: a. No allowance for uncollectible accounts has been established. An allowance of $6,000 is considered appropriate. b. The LIFO inventory method has been used. The FIFO inventory method would be used if EKC were purchased by Stiliman. The FIFO inventory valuation of the December 31,2019 , ending inventory would be $202,000. c. The fair value of the property, plant, and equipment (net) is $760,000. d. The company has an unrecorded patent that is worth $100,000. e. The book values of the current liabilities and bonds payable are the same as their market values