please show me all the work and how you found excess earnings, im posting this question again because no one has given me an answer yet thank you.

- ON JAN 1, 2022 PIP'S PUPPY COMPANY HAD THE FOLLOWING ACCOUNT BALANCES P'S NET INCOME LAST YEAR WAS \$45,000 AND THE INDUSTRY GENERALLY EXPECTS N INDUSTRY RETURN OF 12\%. PIP WANTSTO BE PAID FOR THE EXCESS EARNINGS FC YEARS BY THE BUYER KIRBY'S KITTEN COMPANY. EQUIRED: - CALCULATE THE GOODWILL IF PIP WILL BE PAID FOR 6 YEARS OF EXCESS EARNINGS - WHAT IS THE PRICE ONCE THE GOODWILL IS CALCULATED - RECORD THE PURCHASE OF PIP'S PUPPY COMPANY BY KIRBY'S KITTEN COMPANY - RECORD THE SALE OF PIP'S COMPANY