Northern purchased the entire business of Southern including all its assets and liabilities for $656,250 related to the two companies: Fair value of assets Fair value of liabilities Reported assets Reported liabilities Net Income for the year Northern $1,058,000 Southern $786,000 570,000 302,000 802,000 631,000 487,000 256,000 57,000 64,000 How much goodwill did Northern pay for acquiring Southern? Multiple Choice $100 050 S 22 Multiple Choice $199,850. $375,000. $281,250. O $172,250. Western World has the following selected data ($ in millions): 2021 2020 Balance sheet data Total assets $2,700 $2,250 Total liabilities Total stockholders' equity 1,950 750 1,400 850 Income statement data Sales $ 840 Interest expense 70 Tax expense Net income 24 95 Based on these amounts, calculate the following ratios for Western World in 2021: (R- 1. Debt to equity ratio 2. Return on assets ratio % 3. Times interest earned ratio times