P Ltd paid $169,600 for 80% of the shares of S Ltd on 1 July 2013. All identifiable assets and liabilities of the subsidiary were recorded at fair value, except for land for which the fair value was $20,000. greater than cost. The NCl in SLtd was considered to have a fair value of $42,000. At acquisition date, the equity of SLt consisted of: Share capital General reserve $ 100,000 60,000 20,000 Retained earnings Required: Calculate the amount of: (a) Goodwill implicit in the purchase of shares of 5Ltd; (b) P Ltd's share of goodwill; and (c) NCl share of goodwill