Peach Furniture has decided to purchase 65 percent of Banana Appliances Ltd for $43 million in cash. The two companies' balance sheets, as at acquisition date, are (in millions of dollars):

Peach Furniture has evaluated all of Banana's assets and liabilities as having fair value equal to book value, except for its noncurrent assets, which Peach Furniture believes have a fair value of $33 million. Calculate the consolidated goodwill that would appear on the consolidated balance sheet at acquisition date.

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Assets Cash equivalent assets Other current assets Noncurrent assets (net) Peach Banana $m $m 112 304 432 848 10 45 25 80 Liabilities and equity Cash equivalent liabilities Other current liabilities Noncurrent liabilities Share capital Retained profits Peach Banana $m Sm 128 160 272 160 128 848 0 10 15 15 40 80