The steps involved in calculation of Goodwill under Super Profit method are:(A) Calculate the super profits by deducting normal profit from the average profits.(B) Calculate the normal profit on the firm's capital on the basis of the normal rate of return.(C) Calculate the average profit.(D) Calculate goodwill by multiplying the super profits by the given number of years' purchase.Choose the correct sequence of steps from the options given below:

To value goodwill using the Super Profit Method, follow this exact step-by-step procedure:First, figure out the historical baseline by finding the average profit (C).Next, figure out what a typical business would earn on the same capital by finding the normal profit (B).Then, find the extra earnings over the industry baseline by subtracting normal profit from average profit to get the super profit (A).Finally, determine the brand value by scaling that super profit, multiplying it by the stated number of years' purchase to get Goodwill (D).Thus, the proper accounting sequence is (C), (B), (A), (D).