a) The amount of goodwill reported in the consolidated financial statements prepared immediately after the combination is $15,000
b) The amount of differential would Paris amortize during 20X6 in its equity method journal entries $13,200
The quantity of money anyone has is termed as the amount. The solution to the question is given as follows:-
a. Fair Value of Consideration $180,000
Non-Controlling Interest $120,000
The differential in value of Sanlo $45,000
Good will = $15,000
b. Value of Equipment = $10,000 / 5 = $2,000
$2,000 x 60% = $1,200
Value of land = $15,000 * 60% = $9,000
Value of Sanlo's Inventory = $5,000 * 60% = $3,000
The total value amortize using the equity method is $13,200
To know more about the amount follow
https://brainly.com/question/25109150
#SPJ4
