26 Measuring and recording goodwill 1026 ig goodwill on has acquired several other companies. Assume that Princeton purchased vellhe fo $9,000,000 cash. The book value of Kelleher's assets is $19,000,000 market value, $20,000,000), and it has liabilities of $12,000000(market value, $12,000,000). Requirements 1. Compute the cost of the goodwill purchased by Princeton. 2 Record the purchase of Kelleher by Princeton