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15 Riggs paid $12 million for a 75% interest in Light Co. Light's fair value of net assets is $13 million and its book value
15" Riggs paid $12 million for a 75% interest in Light Co. Light's fair value of net assets is $13 million and its book value of net assets is $11 million. Goodwill booked under the full goodwill method will be equal to: $1,000,000 O $2,000,000 $2,250,000 $3,000,000
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