Please help i need your help. Thank you.

Question 3:

Buyco acquired Sellco for a price of $675,000. On the date of acquisition, the balance sheet of Sellco 20 marks was as below:

Cash 13,500 Acounts Payable 398,600 Inventory 116,400 Income tax payable 5,540 Accounts Receivable 413,250 Salaries Payable 12,100 Machinery 112,500 Long term loan 362,810 Buildings 642,550 Retained earnigs 588,600 Investments 69,450 1,367,650.00$ 1,367,650.00$

The fair value of identifiable assets / liabilities on the date of sale show : Inventory 102,800 Accounts Receivable 388,700 Machinery 98,600 Buildings 810,000 Investments 72,050 Please calculate the amount of goodwill / Bargain purchase and record the necessary journal entry in the books of Buyco on closing date.