Total Assets Total Liabilities Shareholder's Equity Total Liabilities and Shareholder's Equity $4,500,000 $1,000,000 $3,500,000 $4,500,000 ABC purchased 100% of the shares of XYZ for $4,000,000. a) It is known that the fair value of XYZ total assets is $4,800,000. What is the fair value of XYZ's net assets? What is the value of DEF's goodwill? b) Using push-down accounting, restate XYZ's financial statements to reflect the purchase price