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1 v International Accounting Assi... DOC - 2. VEE. Task 3 - Goodwill in Business Combination (5 Marks) Ahmed Salem Corp. had the following account balances at 1-Dec-2019: Real Inventory Common Stock Adal Pidin Capital 1000 Retain Earning 12/2013 000 Fees Revue General Admin Expense 66000 Salaries IRO Repair Expense 1000 Interest Expense Additional Information: The fair values of various assets different from its NBV is as under: Land -S480,000; Building - S720,000, Inventory - $336,000: Liabilities - S 396,000 b. AlKamel Inc. acquired all of the outstanding common shares of Ahmed Salem by issuing 20,000 shares of common stock having a $6 par value, but a $66 fair value. Stock issuance costs amounted to S12.000 Required: Calculate value of purchase consideration transferred and Goodwill on consolidation as on 1- December 2019. Word Sultan Ahmed Co. began operating a subsidiary in a foreign cou quiring all of