On may 28, 2021, pesky corporation acquired all of the outstanding common stock of harman, inc., for $540 million. the fair value of harman's identifiable tangible and intangible assets totaled $596 million, and the fair value of liabilities assumed by pesky was $170 million. pesky performed a goodwill impairment test at the end of its fiscal year ended december 31, 2013. management has provided the following information:

fair value of harman, inc. $ 520 million
fair value of harman's net assets (excluding goodwill)
460 million
book value of harman's net assets (including goodwill)
534 million

required:
1.
determine the amount of goodwill that resulted from the harman acquisition. (enter your answer in millions.)

2.
determine the amount of goodwill impairment loss that pesky should recognize at the end of 2013, if any. (enter your answers in millions.)

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.