Below is a balance sheet for the Anscrob Corporation. It has been acquired by Bislex Limited. The buildings net value is shown but has been reassessed to 2,900,000 and the Machinery has been valued at 900,000. The purchase price for the company is 2,500,000. What is the goodwill? What does goodwill represent? Anscrob Corporation Balance Sheet Dec 31, 20XX Assets Liabilities Short term Assets 45,000 Short Term 30,000 Mortgage Buildings Machinery 2,500,000 Bonds 950,000 Total Liab 1,500,000 900,000 2,430,000 Common Shares 500,000 Total 3,495,000 Retained Earnings 565,000 Total Sh equity 1,065,000 Total 3,495,000