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Allium Corporation acquired all outstanding shares of BlueBell Ltd. For $4.2 million. Selected information relating to BlueBell was as follows: Fair value of identifiable net

Allium Corporation acquired all outstanding shares of BlueBell Ltd. For $4.2 million. Selected information relating to BlueBell was as follows:

Fair value of identifiable net assets: $4.1 million

Book value of identifiable net assets: $3.5 million

How much goodwill should Allium recognize?

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