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1. 4. Goodwill Tesla Inc. purchased Twitter on 4/28/2022 paying $ 42 billion. The sum of the market value of Twitter's assets totaled 700,000,000

1. 4. Goodwill Tesla Inc. purchased Twitter on 4/28/2022 paying $ 42 billion. The sum of the market value of Twitter's assets totaled 700,000,000 and its liabilities totaled $ 290,000,000. Required: a. Calculate the Goodwill amount b. Record the transaction in the Buyer's accounting books.

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