Question: Anders acquired a manufacturing facility from Bane for a total consideration of P6,000,000. The facility contains 4 equipment with fair value of P1,500,000, a building

Anders acquired a manufacturing facility from Bane for a total consideration of P6,000,000. The facility contains 4 equipment with fair value of P1,500,000, a building with appraisal value of P2,500,000 and land with appraised value of P4,000,000. Compute the goodwill or gain from bargain purchase.

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