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Dutry Company had assets with a book value of $ 3 5 0 , 0 0 0 and a fair value of $ 3 7

Dutry Company had assets with a book value of $350,000 and a fair value of $375,000. It also had liabilities with a book and fair value of $90,000. Jacobus, Inc. purchased all of Duty's net assets for $360,000. How much goodwill would be recorded by Jacobus as part of this purchase?

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