Alonzo Co$.$ acquires $3$ patents from Shaq Corp. for a total of $$280,000.$ The patents were carried on Shaq$$s books as follows: Patent AA: $$5,000$; Patent BB: $$2,000$; and Patent CC: $$3,000.$ When Alonzo acquired the patents their fair values were: Patent AA: $$20,000$; Patent BB: $$240,000$; and Patent CC: $$60,000.$ At what amount should Alonzo record Patent BB$?$

$16$

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Blue Sky Company$$s $12/31/21$ balance sheet reports assets of $$7,000,000$ and liabilities of $$2,800,000.$ All of Blue Sky$$s assets$$ book values approximate their fair value, except for land, which has a fair value that is $$420,000$ greater than its book value. On $12/31/21,$ Horace Wimp Corporation paid $$7,140,000$ to acquire Blue Sky$.$ What amount of goodwill should Horace Wimp record as a result of this purchase?