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Creighton purchased a competitors business on July 23, 2019 for 2,539,975. Book value of the assets was 1,550,000 and the fair market value of the

Creighton purchased a competitors business on July 23, 2019 for 2,539,975. Book value of the assets was 1,550,000 and the fair market value of the assets was 1,900,000. What is the amount of goodwill that Creighton can amortize in 2020?

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