2 pts Question 27 On May 2020, the Fayette Company acquired the Lexington Company. The purchase price of the Lexington Company was $750,000. On May 2020, the book value of the Lexington Company's net assets was $697,000 and the fair value of its net assets was $721,000. What amount of goodwill should the Fayette Company record in its journal entry on May 6, 2020 fo record its purchase of the Lexington Company? Question 28 2 pts Die 2019, the inventions Company incurred research and development costs of $370,000 and legal fees of $25,000 to develop a en The patent has a legal life of twenty years and a useful life of ten years. What amount should the Inventions Company record as Amortion person the patent for the year ended December 31, 2020? 52500 MacBook Pro