January 1, 2019, We Establish Arab Capital Insurance Inc. With Capital $955,955 Cash And We Purchase Apple And David Inc. They Use Acquisition Methods. We Paid $655,000 Cash For Apple Inc. Also, $18,988 investment Expenses. We Paid $185,000 Cash For David Inc. Also, $7250 Investment Expenses. As A Result Of This Transaction Both Apple And David Inc. Merge Into Arab Capital Insurance Inc Apple inc. David inc. Assets Book V Fair V book V Fair V Cash $210,000 $210,000 $15,000 $15,000 Account Receivable $180,000 $160,000 $30,000 $25,000 equipment $65,000 $75,000 $80,000 $105,000 Inventory $90,000 $95,000 $70,000 $60,000 Logistics(Cars & truck) $80,000 $70,000 $25,000 $20,000 Total Assets Account Payable $145,000 $140,000 $25,000 $25,000 Capital $360,000 $150,000 Add. Paid. Capital $80,000 $40,000 Retain Earning $40,000 $5,000

Please Answer The Following Questions 1. Total Assets After Transaction Took Place. (2 ) 2Total Cash After Transaction Took Place

3Total Goodwill After Transaction Took Place

4Total Retain Earning After Transaction Took Place. (2 ) 5Total Retain Earning After Transaction Took Place. (2 )