PLTO Ltd. is considering purchasing the net assets of Concord Corporation. Following is the statement of...

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PLTO Ltd. is considering purchasing the net assets of Concord Corporation. Following is the statement of financial position of Concord as at December 31, 2023: Concord Corporation Statement of Financial Position As at December 31, 2023 Current assets $236,400 Buildings and equipment 762,000 Accumulated depreciation (112,000) Land 173,000 Total assets $1,059,400 Current liabilities $201,000 Common shares 578,000 Retained earnings 280,400 Total equities $1,059,400 Following are the fair values for Concord's net assets, as at December 31, 2023: Current assets $230,300 Building and equipment 492,400 Land 314,100 Current liabilities (180,400) $856,400 Calculate the value of goodwill that would be acquired by PLTO if it offered $1,811,400 for the net assets of Concord. Value of goodwill $ PLTO Ltd. is considering purchasing the net assets of Concord Corporation. Following is the statement of financial position of Concord as at December 31, 2023: Concord Corporation Statement of Financial Position As at December 31, 2023 Current assets $236,400 Buildings and equipment 762,000 Accumulated depreciation (112,000) Land 173,000 Total assets $1,059,400 Current liabilities $201,000 Common shares 578,000 Retained earnings 280,400 Total equities $1,059,400 Following are the fair values for Concord's net assets, as at December 31, 2023: Current assets $230,300 Building and equipment 492,400 Land 314,100 Current liabilities (180,400) $856,400 Calculate the value of goodwill that would be acquired by PLTO if it offered $1,811,400 for the net assets of Concord. Value of goodwill $