At the beginning of the year, Parent Company purchased all 500,000 shares of Sub Incorporated for $15 per share. Just before the acquisition date, Sub's balance sheet reported net assets of $6 million. Parent determined the fair value of Sub's property and equipment was $1 million higher than reported by Sub. What amount of goodwill should Parent report as a result of its acquisition of Sub?

[单选题]At the beginning of the year, a company purchased a fixed asset for $500,00

[单选题]At the beginning of the year a company purchased a fixed asset for $500,000

[单选题]East Company purchased a new truck a t the beginning of this year for $30,0

[单选题]The Hall Corporation had 100,000 shares of common stock outstanding at the

[单选题]In the current year, a company increased its deferred tax asset by $500,000

[单选题]At the beginning of the year, a company had total shareholders' equity cons

[单选题]At the beginning of the year, Triple W Corporation purchased a new piece of

[单选题]A company purchased equipment for $50,000 on 1 January 201 It is depreciati

[单选题]A company reported deferred tax liabilities of $500,000 and deferred tax as

[单选题]A company purchased equipment for $50,000 on 1 January 2009. It is deprecia