Allocation of Acquisition Purchase Price During 2017, Amazon.com, Inc., made two significant acquisitions intending to expand the company's retail presence. On May 12, 2017, Amazon acquired Souq Group Ltd. ("Souq"), an e-commerce company, for approximately $583 million, net of cash acquired and on August 28, 2017, acquired Whole Foods Market, a grocery store chain, for approximately $13.2 billion, net of cash acquired. Other acquisitions were also made for consideration of $204 million making a total of $13,963 million (net of cash acquired) for the year. From the footnote of its 2018 10-K, Amazon provides the following information: The aggregate purchase price of these acquisitions was allocated as follows (in millions): December 31, 2017 Purchase Price Cash paid, net of cash acquired $13,963 Allocation Goodwill Intangible assets: Marketing-related 1,987 Contract-based 440 Technology-based Customer-related 2,647 Property and equipment 3,810 Deferred tax assets 117 Other assets acquired 1,858 Long-term debt (1,165) Deferred tax liabilities (961) Other liabilities assumed (1,844) $13,963 a. How are the values in the above table determined? 166 Amounts are reported at fair values at the date of acquisition. Amounts are reported at acquired company's book values at the date of acquisition. Amounts are reported at the lower of book value or fair value at the date of acquisition. Amounts are reported at the higher of book value or fair value at the date of acquisition. b. How much goodwill would Amazon.com recognize from these acquisitions? $ 0 million