Goodwill calculation

Hi Sir,

Hope you’re well there.

When we do goodwill calculation, it is “FV of consideration transferred + FV of NCI + FV of previously interest held – FV of NA”.

Assuming, the NA of subsidiary is negative figure and come to goodwill calculation, should we add or minus the negative figure from NA of subsidiary?

For example,

Share capital = $1,000
Pre-acquisition = ($7,000)
FV of consideration transferred = $900
FV of NCI = $100
Full goodwill method is using

If based on my solution, my goodwill calculation will be $900 + $100 – ($1,000 – $7,000). Hence, my goodwill acquisition will be $7,000 and this $7,000 will be categorized under Goodwill in SoFP.

Will it be possible that my solution is wrong as my mind tell me that it maybe a bargain purchase and $5,000 ($1,000 – $6,000) should immediately charged to SoPL.

Can you please me to clear my mind about this calculation?

Thank you.

Regards,
Alan