On july 1, 2014, when salaby company's total stockholders' equity was $360,000, pogana corporation purchased 14,000 shares of salaby's common stock at $30 per share. salaby had 20,000 shares of common stock outstanding both before and after the purchase by pogana, and the book value of salaby's net assets on july 1, 2014 was equal to the fair value. on a consolidated balance sheet prepared at july 1, 2014, goodwill would be

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?