Kamal Company purchased the net assets of Jabot Company for $90,000 on December 31, 2019. The balance sheet of Jabor company just prior to acquisition is as follow. Jahor company Balance Sheet At 31/12/2019 Cash Receivables Inventories Equipment Total Assets Liabilities and Equities Accounts payable Bonds BV $20,000 $50,000 $40,000 $30.000 $140,000 FMV 20,000 60,000 30,000 25,000 70,000 15,000 Total liabilities Common stock Retained earnings Additional paid in capital Total stockholders' equity Total Liabilities and stockholders' equity Instruction: $40,000 $25,000 $65,000 40,000 20.000 15,000 $75,000 $140.000 1. Calculate the goodwill using the fair value adjustment method in calculating the NFMV. (2.5 Points) 2- Record the Goodwill (2.5 Points)