This document provides the book and fair values of assets and liabilities for Gone Company as of February 1. It also states that OurCo paid $4 million in cash to acquire Gone with no stock issued. To record the acquisition, OurCo would debit Goodwill for $275,000 (the difference between the $4 million cash paid and Gone's $3.725 million net worth). OurCo would also credit Cash for $4 million (the amount paid) and credit Common Stock for $0 since no stock was issued. No loss would be recorded.