Ben's Corporation is buying all the assets and assuming all the liabilities of Kirkland's Company. Ben will pay $1,000,000 for the company. The company's assets are valued at $2,000,000, and its liabilities are valued at $1,200,000. How much of the purchase price should be debited to goodwill? $200,000 $800,000 $1,200,000 $2,000,000 The current portion of long-term debt is defined as... The balloon payment on long-term debt O The principal payment on a loan due within the next twelve months An example of a significant non-cash transaction O None of the above