This is the 4th question I am posting different numbers and all the previous questions are incorrect, hopefully whoever answers this one gets it correct!

Brown Company is considering the purchase of Orange Company. Orange Company has supplied the following information: Book Value of Identifiable Assets: 511000 Estimated Market Value of Identifiable Assets: 454000 Total Liabilities: 110000 Total cumulative net cash earnings for the past eight years of 869000 includes extraordinary cash gains of 45000 and nonrecurring cash losses of 47000 . Brown Company expects a return on investment of 15%. Brown uses cash earnings to estimate its offering price and it estimates valuation of Orange to be equal to the present value of cash-based earnings, discounted over 8 years. 1. The offering price that Brown is willing to pay is with this amount is and goodwill associated 2. If final purchase price is 858000 , the amount of goodwill actually recorded is Brown Company is considering the purchase of Orange Company. Orange Company has supplied the following information: Book Value of Identifiable Assets: 511000 Estimated Market Value of Identifiable Assets: 454000 Total Liabilities: 110000 Total cumulative net cash earnings for the past eight years of 869000 includes extraordinary cash gains of 45000 and nonrecurring cash losses of 47000 . Brown Company expects a return on investment of 15%. Brown uses cash earnings to estimate its offering price and it estimates valuation of Orange to be equal to the present value of cash-based earnings, discounted over 8 years. 1. The offering price that Brown is willing to pay is with this amount is and goodwill associated 2. If final purchase price is 858000 , the amount of goodwill actually recorded is