QUESTION 1 Subaru Limited acquired the business of Destiny Limited on 18 January 2022 for $7,600,000. The assets and liabilities taken oven were as follows: Premises $4,200,000 Stock $400,000 Receivables $900,000 Loans $2,000,000 Trade Payables $400,000 Calculate the Goodwill acquired by Subaru Limited

Subaru Limited acquired the business of Destiny Limited on 18 January 2022 for $7,600,000. The assets and liabilities taken oven were as follows: Calculate the Goodwill acquired by Subaru Limited