Words:0 Path: P 10 points Save Answ QUESTION 13 On January 1, 2019, A Corp purchased 100 % of the outstanding common stock of Z Corp for $3,500,000. At that time the book value of Z Corp's net assets totaled $2,975,000. All assets and liabilities of Z Corp had book values equal to their fair values except for: Book Value Fair Value Remaining Life 700,000 5 years Furniture 500,000 0 300,000 3 years Customer Lists 1,000,000 800,000 8 years Buildings Net income for the individual companies for 2019 was as follows: $ 780,000 Net Income A Corp- 320,000 Net Loss Z Corp As a result of Z Corp's loss, A Corp elected to record an impairment loss in 2019 equal to 24% of the goodwill recorded at acquisition. Compute A Corp's Consolidated Net Income for 2019: ***Use Table Function *** E T 3 (12pt) Arial Paragraph 4 I MTML CSS % DOO Save and Close Window fx Mashups Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers