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14 02:07:47 Northern purchased the entire business of Southern including all its assets and liabilities for S related to the two companies: Fair value

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14 02:07:47 Northern purchased the entire business of Southern including all its assets and liabilities for S related to the two companies: Fair value of assets Fair value of liabilities Reported assets Reported liabilities Net Income for the year Northern $1,059,000 Southern $784,000 570,000 308,000 816,000 639,000 483,000 250,000 44,000 67,000 How much goodwill did Northern pay for acquiring Southern? Multiple Choice 201755

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