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Net income figures for Bridgeport Ltd, are as follows: 2016 - $77,000 2017 $55.900 2018 $85,800 2019 $89,800 2020 - $70,800 Future income is expected

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Net income figures for Bridgeport Ltd, are as follows: 2016 - $77,000 2017 $55.900 2018 $85,800 2019 $89,800 2020 - $70,800 Future income is expected to continue at the average amount of the past five years. The company's identifiable net assets are appraised at $470,000 on December 31.2020. The business is to be acquired by Sarasota Corp. in early 2021. The normal rate of return on net assets for the industry is 9%. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. What amount should Sarasota Corp. pay for goodwill, and for Bridgeport Ltd. as a whole, if goodwill is equal to average excess earnings capitalized at 25%? Sarasota Corp. pay for goodwill $ Sarasota Corp. pay for Company $ eTextbook and Media What amount should Sarasota Corp. pay for goodwill, and for Bridgeport Ltd. as a whole, if a perpetual 18% return is expected on any amount paid for goodwill? (Round answers to decimal places, eg. 5,275.) Sarasota Corp. pay for goodwill Sarasota Corp. pay for Company $ What amount should Sarasota Corp. pay for goodwill, and for Bridgeport Ltd, as a whole, if goodwill is equal to five years of excess earnings? (Round answers to decimal places, eg. 5,275.) Sarasota Corp. pay for goodwill $ Sarasota Corp. pay for Company e Textbook and Media What amount should Sarasota Corp. pay for goodwill, and for Bridgeport Ltd. as a whole, if goodwill is equal to the present value of five years of excess earnings capitalized at 15%? (Round factor values to 5 decimal places, eg. 1.25124 and final answerst O decimal places, eg. 5,275.) Sarasota Corp.pay for goodwill $ Sarasota Corp. pay for Company

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