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Blue Sea Resort Ltd acquired all the shares in Scuba Ltd for $ 7 5 0 , 0 0 0 . The fair value of

Blue Sea Resort Ltd acquired all the shares in Scuba Ltd for $750,000. The fair value of the assets acquired was $1,000,000 and the fair value of the liabilities assumed was $300,000. The amount of goodwill acquired by Blue Sea Resort Ltd is:

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