Lama Corporation purchased the net assets of Bargan Company for $900,000 at the end of 2020. The balance sheet showed the following accounts at the acquisition date: Assets Cash Book value Fair Market value 170,000 170,000 Trading securities 100,000 120,000 Inventories 500,000 700,000 Equipment 280,000 230,000 Total 1,050,000 Liabilities and Equities Accounts payable 250,000 350,000 Common stock 750,000 Retained earnings Total 50,000 1,050,000 350,000 Instruction: 1- Calculate the goodwill 2- Record the Goodwill