I need help solving Problem 1-6 in my Advanced Accounting Class.

py Kecord the acquisition r port the acquisition entries Problem, 1-6 (LO34) Cash purchase with goodwill. plating the acquisition of the net assets of Sylvester Corpora its operations. The balance sheet of Sylvester Corporation on December 31, 2015, is as Tweeden Corporation is contem- tion in anticipation of expanding follows: Sylvester Corporation Balance Sheeh December 31, 2015 Current liabilities: Accounts payable Payroll and benefitrelated liabilities Current assets: 45,000 12,500 24,000 56,000 31,000 18,000 Inventory Other current assets.... Debt maturing in one year.. 10,000 $129,000 Total current liabilities .. 67,500 Total current assets... Investments Fixed assets Land Building. .. 65,000 32,000 245,000 Other liabilities: Long term debt Payroll and benefitrelated liabilities $248,000 156,000 387 0664,000 404,000 Total fixed assets.. Intangibles: Goodwill 45,000 ...23,000 10,000 Stockholders' equity: Common stock Paid-in capital in excess of par .. $100,000 250,000 114,500 Trade names 464,500 $936,000 78,000 Total equity Total intangibles Total assets . 936,000TotdlIcblis ad y An appraiser for Tweeden determined the fair values of Sylvester's assets and liabilities to be as shown on next page