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34- Dodd Co. acquired 75% of the common stock of Wallace Corp. for $1,800,000. The fair value of Wallaces net assets was $2,100,000, and the
34- Dodd Co. acquired 75% of the common stock of Wallace Corp. for $1,800,000. The fair value of Wallaces net assets was $2,100,000, and the book value was $1,900,000. The noncontrolling interest shares of Wallace Corp. are not actively traded.
What amount of goodwill should be attributed to Dodd at the date of acquisition?
Group of answer choices
$225,000.
$300,000.
$0.
$75,000.
$150,000.
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