Price Company issued 8,220 shares of its $20 par value common stock for the net assets of Sims Company in a business combination under which Sims Company will be merged into Price Company. Although the questions are correct, my question is how do I solve part "B"?

Exercise 2-7 Price Company issued 8,220 shares of its $20 par value common stock for the net assets of Sims Company in a business combination under which Sims Company will be merged into Price Company. On the date of the combination, Price Company common stock had a fair value of $33 per share. Balance sheets for Price Company and Sims Company immediately prior to the combination were: Current assets Plant and equipment (net) Total Price $432,070 576,280 $1,008,350 Sims $66,520 143,720 $210,240 Liabilities Common stock, $20 par value Other contributed capital Retained earnings Total $282,700 574,100 74,950 76,600 $1,008,350 $54,200 77,620 20,020 58,400 $210,240 (a) Your answer is correct. If the business combination is treated as a purchase and Sims Company's net assets have a fair value of $222,801, Price Company's balance sheet immediately after the combination will include goodwill of V O $47,459. $48,459. $56,059. $50,059. (b) Your answer is correct. If the business combination is treated as a purchase and the fair value of Sims Company's current assets is $84,900, its plant and equipment is $244,670, and its liabilities are $51,520, Price Company's balance sheet immediately after the combination will include Gain of $6,790. O Plant and equipment of $820,950. O Goodwill of $6,790. Negative goodwill of $6,790