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MPL, Inc. offers to acquire Dark Horse. The additional information is given below: Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always

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MPL, Inc. offers to acquire Dark Horse. The additional information is given below: Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to recelve full credit. If you copy/paste from the Instructions tab you will be marked wrone. Requirements - 26. 1 Calculate the amount of goodwill or bargain purchase gain to be recorded on the acquisition. 2 Assume now that MPL, Inc. offers to acquire Dark Horse at the purchase price identifled in the data table. Determine the amount of goodwill or bargain purchase gain. a. Use a minus sign or parentheses for bargain purchase gain, if any. - b. Use cell references from prior calculations, if applicable. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) Fair value of net assets Goodwill (bargain purchase gain) 2. Assume now that MPL, Inc. offers to acquire Dark Horse at the purchase price identified in the data table. Determine the amount of goodwill or bargain purchase gain. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the 8 Instructions tab you will be marked wrong. Use cell references from prior calculations, if applicable.)

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