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Please help.Thank you. Polaris Company acquires all of the stock of SSC, Inc. for $120 million in cash. At the date of acquisition, SSC's equity

Please help.Thank you.

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Polaris Company acquires all of the stock of SSC, Inc. for $120 million in cash. At the date of acquisition, SSC's equity consists of capital stock of $30 million, retained earnings of $48 million (credit balance), and accumulated other comprehensive income of \$6 million (credit balance). SSC's books report current assets of \$24 million, equipment of \$180 million, and liabilities of \$120 million. Stark's assets and liabilities are reported on its books at amounts that approximate fair value, except that equipment with a book value of $24 million has a fair value of $36 million. Stark has no previously unreported identifiable intangible assets. Required Note: Provide all answers in millions. Note: Do not use negative signs. a. Prepare a schedule calculating the goodwill to be recognized for this acquisition. b. Prepare working paper eliminating entries (E) and (R) to consolidate the balance sheet accounts of Polaris and SSC at the date of acquisition

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