Talia Corporation bought 75% of Sila Company's common stock, with a book value of $900,000, on January 1, 2019 for $750,000. The law firm of Lilian was paid $55,000 to facilitate the purchase. At what amount should Talia's Investment in Sila ?account be reported on January 1, 2019 a. 675000 b. 755000 C. 855000 d. 695000 e. 805000 f. 750000 g. 562500 h. 845000 On 1/1, 2020, when Saly Company's total stockholders' equity was $360,000. Pana Corporation purchased 14,000 shares of Saly's common stock at $25 per share. Saly had 20,000 shares of common stock outstanding both before and after the purchase by Pana, and the book value of Saly's net assets on 1/1, 2020 was equal to the fair value. On a consolidated balance sheet prepared at 1/1, 2020. goodwill would be Select one: a. 240000 b. 140000 c. 85714 d. 100000 e. 60000 Next man 2.00 On 1/1/2020, Sam Incorporated paid cash for 21,000 shares of Katy Company's $10 par value stock, katty has 30000 outstanding shares trading at $25 per share. At that time, Katty's total stockholders' equity was $597,000. The book value of Salamander's net assets is believed to approximate the fair values The goodwill resulting from this consolidation is (54321 55 Umniah @ 187% 6:52 PM Reader View Available On January 1, 2014, X Company acquired a 30% interest in Y Corporation for $150,000 when Y's stockholders' equity consisted of $400,000 capital stock and $100,000 retained earnings. Book values of Y's net assets equaled their fair values on this date. Y's net income and dividends for 2014 through 2016 were as follows: 2014 2016 2015 Net income $ 10,000 $ 12,000 $16,000 Dividends paid 1,000 5,000 4,000 Assume that X used the cost method of accounting for its investment in Y. What is the balance in the Investment in Y account at December 31, 2016? Select one: a. 178000 b. 53400 c. 157800 d. 188000 e. 150000