Q3. (20 marks) Jazzy Inc is considering to purchase the Linkin Park Inc. information about the financial statements of Linkin Park is given underneath: Linking Part Inc. Statement of Financial Position As at December 31, 2020 Current assets $ 231,400 Buildings and equipment 753,000 Accumulated amortization (113,000) Land 173,000 Total assets $ 1,044,400 Current liabilities $ 187,000 Common shares 577,000 Retained earnings 280,400 Total liabilities and equity $ 1,044,400 The fair values of Linkin Parks net assets as at December 31, 2020. Current assets $ 225,500 Buildings and equipment 482,600 Land 313,500 Current liabilities (166,300) $ 855,300 Instructions Compute the value of goodwill for Jazzy Inc. if it offers $ 2,060,300 for the net assets of Linkin Park Corporation. Comment on the method of goodwill that can be applied here.