Please help me with this question with a detailed answer and calculation. Thank you very much for your help.

Question:

On February 1, 2021 Pickwick Ltd. paid $382,500 for 85% of the issued and outstanding common shares of Sunnyside Corp.The recorded assets and liabilities of Sunnyside Corp. on February 1, 2021 were:

Cash$ 125,000

Inventory 125,000

Property and equipment $600,000

Accum. Amortization $200,000400,000

Goodwill35,000

Total Assets$685,000

Current Liabilities$ 85,000

Long Term Liabilities 115,000

Common Shares 225,000

Retained Earnings260,000

Total Liabilities & Equity$685,000

On February 1, 2021, Sunnyside Corp. inventory had a fair value of $120,000, and the property and equipment (net) had a fair value of $440,000 and Long-Term Liabilities had a fair value of $120,000.The business combination agreement stated that if Sunnyside's earnings exceed $2.50 per share in the next 2 years an additional payment equal to $80,000 would be paid to Sunnyside's shareholders.An actuary valued this as equivalent to $50,000 if paid at the acquisition date.

REQUIRED:

a)Calculate the amount of goodwill resulting from the business combination using the entity theory

b)Calculate the non-controlling interest at acquisition date using the entity theory - Fair Value Enterprise (FVE)