Question Two (2 marks) Special Manufacturing Company decided to expand further by purchasing WXL Company. The statement of financial position of WXL Company as of December 31, 2011 was as follows Equity and liabilities Plant assets (net) $2,050,000 Share capital-ordinary $ 1600,000 Inventory 550.000 Retained camning 1770,000 Receivables 1100.000 Accounts payable 750.000 Cash 420.000 Total acts 54.120.00 Total equity and liabilities 54.120.000 An appraisal, agreed to by the parties, indicated that the fair value of the inventory was $700,000 and the fair value of the plant assets was $2,450,000. The agreed purchase price was $4.150.000 Requirement: Determine the amount of goodwill if any) (2 marks)