Perkins has acquired several other companies. Assume that Perkins purchased Kelleher for $9,000,000 cash. The book value of Kelleher's assets is $12,000,000 (market value, $16,000,000), and it has liabilities of $15,000,000 (market value, $15,000,000). Requirements 1 Compute the cost of goodwill purchased by Perkins. 2. Record the purchase of Kelleher by Perkins. Requirement 1. Compute the cost of goodwill purchased by Perkins. Purchase price acquire Kolleher Market value of Kelleher's assets Less: Market value of Kelleher's liabilities Less: Market value of Kelleher's net assets Goodwill