This is ACCA Question .

Bob acquired 80% of the voting equity shares of Bi Bi had the following equity at the date of acquisition 1,000,000 Ordinary shares $1 Retained earnings 10000 The cost of the investment was $1,500,000 and the value of the non-controlling interest acquisition was 5 0 00 What was the goodwill on acquisition of Bill? Your currently accepted answer: 6 of 2 mark