I'm stuck on parts b and c. Please help and provide explanations.

Assume a parent company acquires its subsidiary by paying $1,300,000 for all of the outstanding voting shares of the investee. On the acquisition date, subsidiary's assets and liabilities have individual fair values that equal their book values, except for property equipment with a fair value greater than book value by $150,000 and license with a fair value greater than book value by $250,000. The parent and subsidiary have the following balance sheets immediately after the acquisition, but before any pushdown adjustments by the subsidiary: Parent Subsidiary Assets: Cash & receivables $ 800,000 $ 150,000 Inventory 600,000 200,000 Property & equipment, net 2,300,000 825,000 Equity investment 1,300,000 Licenses 75,000 $5,000,000 $1,100,000 Liabilities and stockholders' equity: Current liabilities $ 400,000 $ 200,000 Other liabilities 300,000 Note payable 400,000 Common stock 1,670,000 100,000 APIC 1,430,000 200,000 Retained earnings 1,200,000 350,000 $5,000,000 $1,250,000 a. Compute the amount of goodwill implicit in the acquisition of the subsidiary. $ 250,000 b. Assume the subsidiary elects to apply pushdown accounting immediately after the above financial statements were prepared. Provide the journal entries required for the subsidiary to apply pushdown accounting. Description Debit Credit Property & equipment, net 150,000 Licenses 250,000 Goodwill 250,000 Pushdown equity 650,000 0 0 0 0 X 0 X 0 X 0 0 X c. Prepare the consolidation entry or entries on the date of acquisition, assuming the subsidiary applied pushdown accounting. Description Debit Credit [E] Common stock 100,000 0 APIC 200,000 0 Pushdown equity 250,000 X Equity investment 550,000 x 0 d. Prepare the consolidated balance sheet on the date of acquisition. Consolidated Balance Sheet $ Assets: Cash & receivables Inventory Property & equipment, net Licenses Goodwill 950,000 800,000 3,275,000 325,000 250,000 5,600,000 $ Liabilities and stockholders' equity: Current liabilities $ Other liabilities Note payable Common stock APIC 600,000 300,000 400,000 1,670,000 1,430,000 1,200,000 5,600,000 Retained earnings $