ln 2017, First Company purchased Second Company for $19,000,000 cash. At the time of purchase. Second Company's assets had a market value of $25,000,000 and the liabilities had a market value of $18.000,000. At the time of purchase. Second Company's assets had a book value of $15,000,000 and the liabilities had a book value of $10,000,000. What amount of goodwill is recorded? $18000000 $12000000 $7000000 $6000000 lf a natural resource is extracted and not sold which of the following accounts are debited and credited? Debit cost of goods sold and credit inventory Debit depletion expense and credit accumulated depletion Debit inventory and credit natural resource Debit accumulated depletion and credit natural resources