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assistance please. Annapolis Company was recently sold for $500,000. Annapolis had assets & liabilities appraised at the time of the sale in the amounts of:

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Annapolis Company was recently sold for $500,000. Annapolis had assets & liabilities appraised at the time of the sale in the amounts of: Item Amount Accounts Receivable assumed by buyer $99,000 Inventory $270,000 Property, Plant & Equipment (net) $595,000 Notes Payable assumed by buyer $625,000 Using this information, how much should be recorded as Goodwill for this transaction? 9 w

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