Net income figures for Novak Ltd. are as follows: 2016 - $76,800 2017 - $55,200 2018 - $85,600 2019 - $89,600 2020 - $70,000 Future income is expected to continue at the average amount of the past five years. The companys identifiable net assets are appraised at $469,300 on December 31, 2020. The business is to be acquired by Flounder Corp. in early 2021. The normal rate of return on net assets for the industry is 8%. 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 Flounder Corp. pay for goodwill, and for Novak Ltd. as a whole, if goodwill is equal to average excess earnings capitalized at 25%? Flounder Corp. pay for goodwill $ Flounder Corp. pay for Company $ What amount should Flounder Corp. pay for goodwill, and for Novak Ltd. as a whole, if a perpetual 18% return is expected on any amount paid for goodwill? (Round answers to 0 decimal places, e.g. 5,275.) Flounder Corp. pay for goodwill $ Flounder Corp. pay for Company $ What amount should Flounder Corp. pay for goodwill, and for Novak Ltd. as a whole, if goodwill is equal to five years of excess earnings? (Round answers to 0 decimal places, e.g. 5,275.) Flounder Corp. pay for goodwill $ Flounder Corp. pay for Company $ What amount should Flounder Corp. pay for goodwill, and for Novak Ltd. as a whole, if goodwill is equal to the present value of five years of excess earnings capitalized at 20%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Flounder Corp. pay for goodwill $ Flounder Corp. pay for Company $