MacHeath Inc.bought 60% of the outstanding common stock of Nomes Inc.in a business combination that resulted in the recognition of goodwill.Nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of purchase.What value would be attributed to this land in a consolidated balance sheet at the date of takeover,according to the acquisition method per SFAS 141(R)and the purchase method per SFAS 141?

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The Answer of MacHeath Inc.bought 60% of the outstanding common stock of Nomes Inc.in a business combination that resulted in the recognition of goodwill.Nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of purchase.What value would be attributed to this land in a consolidated balance sheet at the date of takeover,according to the acquisition method per SFAS 141(R)and the purchase method per SFAS 141?