Question: please help me with this homework Question. thank you In Fiscal 2010, Dell Inc. acquired Perot Systems for $3,878 million in cash. Perot's net assets

please help me with this homework Question. thank you

In Fiscal 2010, Dell Inc. acquired Perot Systems for $3,878 million in cash. Perot's net assets acquired hand the following fair values at the acquisition date.

In Million Fair Value

cash and cash equivalents $266

Accounts receivable, net 410

Other Assets 58

Property, Plant, and equipment 323

Identifiable Intangible assets 1174

Deffered tax liability, net (424)

Other Liabilities (256)

Total identifiable net assets 1,551

Goodwill 2,327

Total purchase price $3,878

Customer Relationships $1081

Technology 44

Non-compete agreements 39

Tradenames 10

Total amortizable intangible assets $1,174

Dell incurred $116 million in cash payments for banker's fees, consulting fees, and restructing costs.

required

Prepare Dell's journal entry to record its acquisition of Perot systems, as a merger.

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