= Homework: HW Ch 7 Question 10, E7-36A (si... Part 1 of 3 HW Score: 40%, 4 of 10 points O Points: 0 of 1 O Save Assume Haledan Company paid $16 million to acquire BonJoy Industries. Assume further that BonJoy had the following summarized data at the time of the Haledan acquisition (amounts in millions): (Click the icon to view the data.) BonJoy's current assets had a current market value of $16 million, long-term assets had a current market value of only $23 million, and liabilities had a market value of $30 million. Read the requirements. Requirement 1. Compute the cost of goodwill purchased by Haledan Company. (Enter amounts in millions.) Cost of goodwill purchased: Millions Less: Cost of goodwill Data Table BonJoy Industries Assets Liabilities and Equity Current assets 16 Total liabilities $ 30 13 Long-term assets 27 Stockholders' equity 43 $ $ 43 1. Compute the cost of goodwill purchased by Haledan Company. 2. Journalize Haledan's purchase of BonJoy Industries. 3. Explain how Haledan will account for goodwill