My first question I asked someone answered and it was incorrect so I am trying again.

Brown Company is considering the purchase of Orange Company. Orange Company has supplied the following information: Book Value of Identifiable Assets: 843000 Estimated Market Value of Identifiable Assets: 870000 Total Liabilities: 192000 Total cumulative net cash earnings for the past eight years of 892000 includes extraordinary cash gains of 59000 and nonrecurring cash losses of 52000. Brown Company expects a return on investment of 15%. Brown uses cash earnings to estimate its offering price and it estimates valuation of Orange to be equal to the present value of cash-based earnings, discounted over 8 years. 1. The offering price that Brown is willing to pay is with this amount is and goodwill associated 2. If final purchase price is 839000 , the amount of goodwill actually recorded is