1. How calculates the goodwill. (40 points) Inventory....... 58,000 Accounts Receivable 18,000 Warranty Obligations 10,000 Pearson,...

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1. How calculates the goodwill. (40 points) Inventory....... 58,000 Accounts Receivable 18,000 Warranty Obligations 10,000 Pearson, Capital 18,000 Murphy, Capital......... To adjust book values to market values. 12,000 Cash............ Goodwill....... Solution: Pearson, Capital Murphy, Capital....... Warner, Capital... Apply 30% Mr. Pearson to Goodwill (56,000 x 30%) Apply 20% Mr. Murphy to Goodwill (56,000 x 20%) Apply 15% Mr. Warner to Goodwill (56,000 x 15%). Apply 30% Mr. Pearson to Cash (84,000 x 30%) Apply 20% Mr. Murphy to Cash (84,000 x 20%). Apply 15% Mr. Warner to Cash (84,000 x 15%) Apply 30% Mr. Pearson to Inventory (58,000 x 30%) Apply 20% Mr. Murphy to Inventory (58,000 x 20%) Apply 15% Mr. Warner to Inventory (58,000 x 15%) 84,000 56,000 33,600 22,400 84,000 1. How calculates the goodwill. (40 points) Inventory....... 58,000 Accounts Receivable 18,000 Warranty Obligations 10,000 Pearson, Capital 18,000 Murphy, Capital......... To adjust book values to market values. 12,000 Cash............ Goodwill....... Solution: Pearson, Capital Murphy, Capital....... Warner, Capital... Apply 30% Mr. Pearson to Goodwill (56,000 x 30%) Apply 20% Mr. Murphy to Goodwill (56,000 x 20%) Apply 15% Mr. Warner to Goodwill (56,000 x 15%). Apply 30% Mr. Pearson to Cash (84,000 x 30%) Apply 20% Mr. Murphy to Cash (84,000 x 20%). Apply 15% Mr. Warner to Cash (84,000 x 15%) Apply 30% Mr. Pearson to Inventory (58,000 x 30%) Apply 20% Mr. Murphy to Inventory (58,000 x 20%) Apply 15% Mr. Warner to Inventory (58,000 x 15%) 84,000 56,000 33,600 22,400 84,000