nterpreting Eliminating Entries The following two consolidation eliminating entries were made immediately following Plains' acquisition of a 100 percent ownership interest in Seaboard for $88,000,000 cash: stockholders' equity ?, investment in seaboard 48,000,000, goodwill ?, noncurrent assets 2,000,000, investment is seaboard ? Required Compute the following amounts: a. Book value of Seaboard at the date of acquisition. b. Excess paid over the book value of net assets acquired. c. Goodwill