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On 1/1/2022 Green Company purchased Norzalin Company for $150,000 cash. The following is the statement of financial position on the date of purchase: Norzalin Company Statement of Financial Position On 1 January 2022 Land 250,000 Capital 350,000 Copyrights 150.000 Share premium 20,000 Inventories 100,000 Loan 130,000 Total Assets 500,000 Total equity & 500,000 Liabilities Additional Information: Land is ondervalued by 50,000 - Investonics are overvalued by 20,000 Answer the following questions: 1- Is there any goodwill in this purchase? Yes No (Half mark) 3. If yes, how much this goodwill? (One matk) 3: In the journal entry goodwill should be in which side? Debit Credit (Half mark)