Dotel company’s 12/31/18 balance sheet reports assets of $12,000,000 and liabilities of $5,000,000. all of dotel’s assets’ book values approximate their fair value. on 12/31/18, egbert corporation paid $12,200,000 to acquire dotel. what amount of goodwill should egbert record as a result of this purchase?

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?