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480,000 ties of Sun Cash for re Property and equipment (net of accumulated depreciation o Liabilities 960,000 (360,000) On April 1, It was determined that the inventory of Sun had a fair value of $380,000, and the netd had a tai value of s1,120,000 What is the amount of goodwll resulting from the acquisitony and resulting from the acquisition? b $100,000 Prepare stockholders' equity section The stockholders' equities of Pop Corporation and Son Corporation at January 1 were as follows (in Capital stock, $10 par Other paid-in capital Retained earnings Stockholders' equity Pop $3,000 1,200 $1,600 800 600 $3,000 400 $4,600 On January 2, Pop issued 300,000 of its shares with a market value of $20 per share for all of Son's shares,andS was dissolved. On the same day, Pop paid $10,000 to register and issue the shares and $20,000 for other direct o of combination. REQUIRED: Prepare the stockholders' equity section of Pop Corporation's balance sheet immediatelyth acquisition on Janu ournal entries to record an acquisition Pam Company issued 480,000 shares of $10 par common stock with a fair value of $10,200,000 for common stock of Sun Company. In addition, Pam incurred the following costs $10,200,000 for all the v Legal fees to arrange the business comb Cost of SEC

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