with solution

42. Juliana Corporation purchased all of the outstanding stock of Caldwell Inc, paying P2,700.000.c Juliana assumed all of the liabilities of Caldwell. Book values and fair values of acquired assets and Subles were: Book Value Fair Value Current assets (net) P420,000 P450,000 Property, plant, & equip. (net) 1,600,000 2.250,000 Liabilities 500,000 600,000 Determine the net asset value of the firm and the amount of goodwill of the corporation, A. P1,520,000; P 1,180,000 B. P2,1000,000; P 600,000; C. P2,700,000; P 880,000. D. P2,020,000; P 100,000