Answer:
$8,000,000
Explanation:
The computation of the amount paid for goodwill is shown below:
= Cash Consideration paid - Fair value of net assets received
where,
Cash consideration is $35,000,000
And, the fair value of net assets is
= Fair value of property plant and equipment + fair value of other assets + fair value of current assets - fair value of current liabilities - fair value of long term liabilities
= $26,400,000 + $2,600,000 + $13,000,000 - $6,000,000 - $9,000,000
= $27,000,000
So, the amount paid to goodwill is
= $35,000,000 - $27,000,000
= $8,000,000
We simply applied the above formula
The net asset is
= Total assets - total liabilities
And, the same is applied above
