1 (3 points) Saved Bravo paid $110,000 for the net assets of Tango Company. At the time of the acquisition the following information was available related to Tango's balance sheet: Current Assets Building Equipment Liabilities Book Value Fair Value $50,000 80,000 $ 50,000 100,000 40,000 50,000 30,000 30.000 What is the amount of goodwill or gain related to the acquisition? Goodwill of $60,000 A gain of $60,000 O Goodwill of $70,000 A gain of $70,000 F45 PM