Bolton Industries acquired companies with assets with a market value of $45 million and liabilities of $30

Question:

Bolton Industries acquired companies with assets with a market value of $45 million and liabilities of $30 million. Bolton paid $27 million for these acquisitions during the year ended December 31, 2014.
Required
1. How would a value be assigned to the net assets acquired?
2. What value would be assigned to ?
3. Will the be amortized? If so, by how much?
Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...