please help with pt. 5

PART 5: Assume that P acquired all of the net assets of S for $400,000 cash and that S is not dissolved. Also, assume the pre-acquisition data provided on page one. REQUIREMENT ONE: Calculate the amount of GOODWILL or GAIN ON ACQUISITION relating to P's acquisition of S's net assets. REQUIREMENT TWO: State in a (very yerx yerx brief and "simple") complete sentence whether the calculated amount is GOODWILL or GAIN ON ACQUISITION and, in turn, why the calculated amount is GOODWILL or GAIN ON ACQUISITION. NOTE: Pre-Acquisition data common to all parts is presented immediately below (unless stated otherwise). "This amount represents the totalyat fair value of S (a.k.a., FMV-S). THUS use this amount when calculating Goodwill or Bargain Purchase Gain