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Protec Company acquired 75% of Sussex Company's voting stock for $30,000 in cash. The noncontrolling interest had an estimated fair value of $9,500. Some of Sussex's identifiable assets and liabilities at the date of acquisition had fair values that were different from reported values, as follows: Book Value Fair Value Property, net Identifiable intangibles $ 2,000 0 $ 7,000 20,000 Sussex's total shareholders' equity at the date of acquisition was as follows: Capital stock Retained earnings Accumulated other comprehensive income Total $ 1,000 3,000 100 $ 4,100 6. How much is goodwill? 7. On a date-of-acquisition, eliminating entries are? Please write entries below. Protec Company acquired 75% of Sussex Company's voting stock for $30,000 in cash. The noncontrolling interest had an estimated fair value of $9,500. Some of Sussex's identifiable assets and liabilities at the date of acquisition had fair values that were different from reported values, as follows: Book Value Fair Value Property, net Identifiable intangibles $ 2,000 0 $ 7,000 20,000 Sussex's total shareholders' equity at the date of acquisition was as follows: Capital stock Retained earnings Accumulated other comprehensive income Total $ 1,000 3,000 100 $ 4,100 6. How much is goodwill? 7. On a date-of-acquisition, eliminating entries are? Please write entries below

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