please make answers clear

Question 15 (40 points) On 11/1/19, The Red company buys the Blue company for $200,000. Before the purchase, the Red company hired a team of expert appraisers to value Blue's assets and liabilities. Information from their memo is reported below Blue company: Total assets: Book value = $600,000 ; Fair value = $670,000 Total liabilities: Book value = $480,000; Fair value = the same as the book value Which of the following statements are correct? (select all that apply - i.e., just one or as many as all of them) If the purchase price was $180,000 instead of $200,000, on 11/1 a Gain would be credited If the purchase price was $180,000 instead of $200,000, on 11/1 a contra-asset account would be credited On 11/1 Red company will not credit any asset account On 11/1 a loss will be debited for $10,000 If the purchase price was $180,000 instead of $200,000, on 11/1 a contra-asset account would be credited On 11/1 Red company will not credit any asset account. On 11/1 a loss will be debited for $10,000 On 11/1 Goodwill will be debited for $80,000 On 11/1 Goodwill will be debited for $10,000 After Red company has recorded the journal entries on 11/1, Red's liabilities will have increased by $480,000 After Red has recorded the 11/1 journal entries, Red's NET assets will have increased by $10,000. the 11/1 journal entries do not affect Red's debt-to-equity ratio the 11/1 journal entries do not affect Red's net income