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Blue Sky Company's 12/31/05 balance sheet reports assets of $5.000.000 and abilities of $2.000.000. All of Blue Sky's assets book values approximate their fair valut,

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Blue Sky Company's 12/31/05 balance sheet reports assets of $5.000.000 and abilities of $2.000.000. All of Blue Sky's assets book values approximate their fair valut, except for land which hattar value that is $200.000 greater than its book value on 12/31/08 Aron Corporation paid 55.300.000 to acquire Blue Sky What amount of goodwill should Aaron Records resor of this purchase Select O $2700000 Dh00.000 $2.300 000 Od: $2.000.000 CH52.100 000

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