Question 18 (5 points) Poochella Inc provides a famous music festival. The appraised assets and liabilities of Poochella are as follows: Assets Liabilities DJ equipment $1,250,000 Accounts payable $555,000 Video equipment $700,000 Decorations and brand $250,000 apparel Festival City Corp. purchased Poochella for $4,250,000. How much Goodwill will Festival City report on its Balance Sheet immediately after the purchase? $4,250,000 $2,050,000 $1,495,000 $2,605,000 40Inainte