On December 31, Year 5, Darrell Inc. purchased 100% of the outstanding shares of Kindersley Company for $7,485 cash. Three different values for Kindersley's balance sheet accounts on the date of acquisition were as follows:

	Carrying Amount	Tax Base	Fair Value
Monetary assets	$	1,620		$	1,620		$	1,620
Inventory		3,685			3,685			3,190
Patent (net)		4,520			3,530			5,320
	$	9,825		$	8,835		$	10,130
Monetary liabilities	$	2,979		$	2,979		$	2,979
Future income taxes payable		396
Ordinary shares		1,050
Retained earnings		5,400
	$	9,825

All differences between carrying amount and the tax base are temporary differences for the items listed above. The patent has an estimated useful life of 8 years. Any goodwill reported on the consolidated balance sheet pertains only to Kindersley and is redundant for tax purposes. A goodwill impairment loss of $330 was reported in Year 7.

The tax rate for both companies is 40%. Assume that future income taxable payable on the separate entity financial statements of the parent and subsidiary are as follows:

Year	Darrell	Kindersley
Year 5	$	1,345		$	396
Year 6		1,555			375
Year 7		1,610			385

Required: (a) Calculate goodwill and future income taxes payable for the consolidated balance sheet at the date of acquisition. (Omit $ sign in your response.)

Future income taxes payable	$
Goodwill	$

(b) Prepare a changes to acquisition schedule for Years 5 through 7. (Leave no cells blank - be certain to enter "0" wherever required. Negative/Deductible amounts should be indicated by a minus sign. Omit $ sign in your response.)

	Balance	Changes	Balance
	Dec 31, Yr.5	Year 6	Year 7	Dec 31, Yr.7
Inventory	$	$	$	$
Patent
Future tax liability
Goodwill
	$	$	$	$

(c) Calculate goodwill and future income taxes payable for the consolidated balance sheet for Year 7. (Omit $ sign in your response.)

Future income taxes payable	$
Goodwill	$