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Bute ine purchased the entire busitiess of Aid ine inctudine all its sssits and linbilibes tor 51,320,000 on December 3 t.2024. Bolow is informitioh related

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Bute ine purchased the entire busitiess of Aid ine inctudine all its sssits and linbilibes tor 51,320,000 on December 3 t.2024. Bolow is informitioh related to the two comoanies at that dates: How mach goodwan oid Blue pay tor ncquiring Red Muntipie crinotce 160,000 130000 The Bennent Comphiny thiough no fout of its own. lost an ensire building obe to an earmquake on May 1, Zo24, in preparing its insurance ciaim on the inventory loss, the Bennet Compary developed the following data: Inventory danuary 1, 202.4, 5330,000: 50564 and purchoses from January 1, 2024, te Moy 1,2024,\$1,260,000 and \$926,000, respectively, the Berinett company contlstently reports o 3996 gross probt. The estimated iriventory on May t, . Murtiple Chacece 1433,900. suranoo 371400 1+3 ano Under the dohar vhlue UFO inethod, the inwertary on Decembee 3t, 2025, thaula be: Ming arosen 13e0od 3its17es

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