Question 1: (5 points): A1, A3, D3 Read the following case and answer the following questions: At the beginning of 2020 Alph company decided to acquire 100% of Magma company by $500,000 cash. The total net book value of Magma company assets was $600,000. In 2019 Magma faced a lot of financial difficulties because they are not following the code of corporate governance and the investigation shows that the Board of directors is just meet once per year, the chairman of the board is at the same acting as a general manager of the company, they do not have an audit committee, and they don't have any independent directors in the board. Accordingly, the fair market value of the company decreased by 20% of its NBVA. Questions: 1- If you are the chair of the board of directors of Magma company, what you have to do to enhance the market value of the company? (3 Points) 2- Calculate the goodwill. (2 Points)