anchor co

Boat Co acquired 60% of Anchor Co on 1 January 20X4. At the date of acquisition, ,the carrying amount of Anchor Co’s net assets were the same as their fair values, with the exception of an item of machinery which had a carrying amount of 90000, a fair value of 160000 and a remaining useful life of five years. Non-controlling interests are valued at fair value.
What is the journal entry required to reflect this fair value adjustment in the consolidated statement of financial position of Boat Co as at 31 december 20X6?
The fair value of consideration is not given so why the value of goodwill is 70000. Why is it fair value less carrying amount. It should be fair value of consideration less 160000 fair value of machinery