Refer to this data for questions 11-15 On January 1, 20X1. Pepper Company purchased 80% of the common stock of Salt Company, Separate balance sheet data for the companies at the acquisition date (after the acquisition) are given below. Cash Accounts Receivable Inventory Land Pepper Salt $34,000 $206,000 144,000 26,000 132,000 38.000 68,000 32,000 700,000 300,000 (240,000) (60,000) 392.000 S. 1.230,000 $.542.000 Plant assets Accum. Depreciation Investment in Salt Total assets Accounts payable Capital stock Retained earnings Total liabilities & equities $206,000 $142,000 800,000 300,000 224.000 100.000 5.1.230,000 $542.000 At the date of the acquisition, the book values of Salt's net assets were equal to the fair value except for Salt's inventory, which had a fair value of $60,000 Determine below what the consolidated entity balance would be for each of the requested accounts > " " estion 11 ot yet wered What amount of Inventory will be reported? ints out of 20 Flag question Select one a $170,000 Ob $169,000 Oc. $186,500 Od $192,000 Clear my choice What amount of Goodwill will be reported? Question 12 Not yet answered Points out of 20 Flag question Select one O a $54,400 Ob $68,000 Oc$72,000 Od 590,000