Goodwill

Stress acquired 100% of the equity share capital of Full on 1 October 20X7 when Full’s
retained earnings stood at $300,000.  Full’s statement of financial position at 30 September
20X9 was as follows:
Assets Equity and reserves   
Property, plant and equipment 1,800 Share capital 1,600
Current assets 1,000 Retained earnings 500
Current liabilities 700
––––––    ––––––
2,800    2,800
––––––    ––––––
On 1 October 20X7 the fair value of land included within Full’s non?current assets was
$400,000 greater than the carrying amount.  Stress had non?current assets at 30 September
20X9 at a carrying amount of $2.2m.
What is the total amount for non?current assets that will appear on the consolidated
statement of financial position at 30 September 20X9?

Ans- Non?current assets = $1,800,000 + $2,200,000 + fair value adjustment 400,000 = $4,400,000.

Sir my doubt is that why isn’t goodwill considered?