May i know how to get the goodwill?

TBSFWB0295 Consolidation at Date of Acquisition On January 1, year 2, Arcelia Corporation acquired Gavino corporation by purchasing 100% of the stock of Gavino in exchange for 20,000 shares of Arcelia stock. On the date of acquisition Arcelia stock traded for $18 per share on the stock exchange. The fair market value of Gavino's inventory is $10,000 higher than the book value. The book values of each company on January 1, year 2, are shown below. Current assets Noncurrent assets Current liabilities Noncurrent liabilities Owners' equity Arcelia Corp. Gavino Corp. $320,000 $70,000 640,000 380,000 210,000 50,000 150,000 90,000 600,000 310,000 Calculate each of the following consolidated balance sheet amounts for Arcelia Corporation immediately following the acquisition of Gavino. Total current assets 390,000 123 Total noncurrent assets 1,020,000 Total current liabilities 260,000 123 Total noncurrent liabilities 240,000 Total noncurrent liabilities 240,000 Total owners' equity 910,000 * You Answered Incorrectly. Rationale: Current assets: $320,000 parent + $70,000 book value subsidiary + $10,000 inventory write-up = $400,000 Noncurrent assets: $640,000 parent + $380,000 book value subsidiary + $40,000 goodwill = $1,060,000 Total current liabilities: $210,000 parent + $50,000 subsidiary = $260,000 Noncurrent liabilities: $150,000 parent + $90,000 subsidiary = $240,000 Total owners' equity: $600,000 parent + $360,000 new stock of parent issued in acquisition = $960,000