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Please Hurry! Hepner Corporation has the following stockholders' equlty accounts: The preferred stock is participating. Wasatch Corporation buys 80 percent of this common stock for

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Please Hurry!

Hepner Corporation has the following stockholders' equlty accounts: The preferred stock is participating. Wasatch Corporation buys 80 percent of this common stock for $1,690,000 and 70 percent of the preferred stock for $700,000. The acquisition-date falr value of the noncontrolling interest in the common shares was $422,500 and Was $300,000 for the preferred shares. All of the subsidary's assets and liabilitles are vlewed as having falr values equal to their book values. What amount is attrlbuted to goodwill on the date of acquisition

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