Kamla Corporation purchased Nick Company on August 28, 2016. The Balance Sheet of Nick Company is as follows: Compute the value of the implied goodwill if Kamla Corporation pavs $119,500 for Nick Compary (Do not use dollar thrs is) when enterins anounts. To see commo formatted numbers reflected in vour final anowers, you mut enter your answers with commot) Before moving onto the next section, please do the following (for screen help, click on the hyperlinis below): 1. Scroll to the end of the page and click on the "Save for Later" button to save your work 2. When you are ready to begin the next section, you can reference the work that you have completed by clicking on the "Printer Version" button at the top of the page. Doing this will open your saved answers in a new window to help you complete the next section. Complete these steps each time you have finished a section. Do not click on the "Submit Answers" button until you hove completed all of the sections. eTextbook and Media Compute the amount of the "Net Cash" as a result of the acquisition. (Enter debit amount with a positive sign and credit amount with a negative sign. Do not use dollar signs (S) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Before moving onto the next section, please do the following (for screen help, click on the hyperlinks below): 1 Scroll to the end of the page and click on the "Save for Later" button to save your work. 2. When you are ready to begin the next section, you can reference the work that you have completed by clicking on the "Printer Version" button ot the top of the page. Doing this will open your saved answers in a new window to help you complete the next section. Complete these steps each time you have finished a section. Do not click on the "Submit Answers" button until you have completed all of the sections. Propare the journal entry on August 28, 2016 to record the acquisition. Fredit account tidfes are automaticolly indented when the amount is entered. Do not indent manually. Do not use dollar sims (\$) when entering amounts, To see commo-formatted numbers reflected in your final answers, you must enter your answers with commas.)