Use the following facts for Multiple Choice problems 11 through 14(each question is independent of the others): Assume that on January 1, 2013 an investor company paid $1.000 an investe company in exchange for the following assets and liabilities transferred from the invece copacy Asset Lab Estimated Fair Value Production equipment..... Factory Lion Mortgage lety. The fair values are measured in accordance with FASB ASC 820: Farol Measurement II. Acquiring net assets that do not constitute a business Assume the net assets transferred from the investi do not quality as "businesses that team is de fined in FASB ASC Master Glossary. At what most will be Licenses be reported in the financial statements of the acquiring company on January 1, 2013 $0 b. $238 c. $250 d. 5278 12. Acquiring net assets that do not constitute a business Assume the net assets transferred from the invite do not qualify as usiness as the term is de fined in FASB ASC Master Glossary. At what amount wil Goodwill be reported in the financial state ments of the acquiring company on January 1, 2013? a $650) b. SO CS100 d $250 13. Acquiring met assets that constitute a business Assume the net assets transferred from the investee lify as a business, the term is defined in FASB ASC Master Glossary. At what amount will the License beseported in the facial statements of the acquiring company on January 1, 2013 b. $238 c. $250 d S278 14. Aequiring nel sets that constitute a business Assume the net assets transferred from the investiganlify as a hus h at term is defined in FASB ASC Master Glossary. At what most will Goodwill be reported in the financial statements of the acquiring company on January 1, 2013? SCSO) b. 50 C $100 d $250 Use the following facts for Multiple Choice problems 11 through 14(each question is independent of the others): Assume that on January 1, 2013 an investor company paid $1.000 an investe company in exchange for the following assets and liabilities transferred from the invece copacy Asset Lab Estimated Fair Value Production equipment..... Factory Lion Mortgage lety. The fair values are measured in accordance with FASB ASC 820: Farol Measurement II. Acquiring net assets that do not constitute a business Assume the net assets transferred from the investi do not quality as "businesses that team is de fined in FASB ASC Master Glossary. At what most will be Licenses be reported in the financial statements of the acquiring company on January 1, 2013 $0 b. $238 c. $250 d. 5278 12. Acquiring net assets that do not constitute a business Assume the net assets transferred from the invite do not qualify as usiness as the term is de fined in FASB ASC Master Glossary. At what amount wil Goodwill be reported in the financial state ments of the acquiring company on January 1, 2013? a $650) b. SO CS100 d $250 13. Acquiring met assets that constitute a business Assume the net assets transferred from the investee lify as a business, the term is defined in FASB ASC Master Glossary. At what amount will the License beseported in the facial statements of the acquiring company on January 1, 2013 b. $238 c. $250 d S278 14. Aequiring nel sets that constitute a business Assume the net assets transferred from the investiganlify as a hus h at term is defined in FASB ASC Master Glossary. At what most will Goodwill be reported in the financial statements of the acquiring company on January 1, 2013? SCSO) b. 50 C $100 d $250