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Assume that Para Company acquires all the net assets of Sardinia Company for $325,000 when the fair value of Sardinias net identifiable assets is $280,000

Assume that Para Company acquires all the net assets of Sardinia Company for $325,000 when the fair value of Sardinias net identifiable assets is $280,000 and the book values of Sardinia's net assets is $265,000.

a. How much is the total differential? )

b. How much is the goodwill? )

c. How much is the excess value?

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