Pool Industries paid $540,000 to purchase 75% of the outstanding stock of Swimmer Corporation, on December 31, 20X4. Any excess fair value over the identified assets and liabilities is attributed to goodwill. The following year end information was available just before the purchase: Pool Swimmer Swimmer Book Book Fair Value Value Value Cash $756,000 $80,000 $80,000 Accounts Receivable 260,000 152,000 152,000 Inventory 480,000 100,000 120.000 Land 440,000 160,000 140,000 Plant and equipment-net 1,320,000 400,000 430,000 $3,256,000 $892.000 $922,000 Accounts Payable $880,000 $22,000 $22,000 Bonds Payable 936,000 200,000 180,000 Capital stock, $10 par value 400,000 Capital stock, $15 par value 450,000 Additional paid-in capital 400,000 160,000 Retained earnings 640,000 60,000 $3,256,000 $892,000 Calculate the amounts for the following accounts that would be reported for the consolidated entity immediately following the purchase on December 31, 20X4. on 12 What amount of Goodwill will be reported? et ered Answer: out of 2.0 g question on 13 What amount of Bonds Payable will be reported? et ered Answer: out of 2.0 ug