ion 23 red Soul of On December 31, 2008, Mercury Corporation acquired 100% ownership of Saturn Corporation. On that date, Saturn reported assets and liabilities with book values of $300,000 and $100,000, respectively, common stock outstanding of $50,000, and retained earnings of $150,000. The book values and fair values of Saturn's assets and liabilities were same except land which had increased in value by $10,000 and inventories which had decreased by $5,000 Based on the preceding information, what amount of goodwill will be reported if the acquisition price was $240,000? question Select one. a. O b. 15,000 c. 40,000 d. 35,000 stion 24 yet IF equipment account at 1/1/2019 was ( 50,000 for parents,60,000 for subsidiary ) and at 31/12/2019 ( 160,000 for patents , 180,000 for subsidiary) if equipment in subsidiary co fair value at beginning of the year was less than book value by 5,000$ and useful life 5 years - What the amount of equipment reported in consolidated balance sheet in 1/1/2019 wered ked out of Select one: Flag question a. 106,000 b. 104,000 G. 105,000 d. 110,000