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A company has the following expenditures during the year: Advertising$ 950,000Employee training118,750Customer outreach and consultation831,250 The company believes that these efforts have increased the fair

A company has the following expenditures during the year:

Advertising$ 950,000Employee training118,750Customer outreach and consultation831,250

The company believes that these efforts have increased the fair value of the entire company by $237,500. How much goodwill can the company recognize at the end of the year associated with these expenditures?

Multiple Choice

$237,500

$118,750

$1,900,000

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