Example: Mini Exercise 6.5 Recording Goodwill Backstreets Co. recently acquired all of Jungleland Inc.'s net assets in a business acquisition. The cash purchase price was $12.6 million. Jungleland's assets and liabilities had the following appraised values immediately prior to the acquisition; Land, $2.4 million Buildings, $5.8 million Inventory, $3.4 million Long-term notes payable, for which Backstreets Co. assume payment responsibilities, $2.5 million. . How much goodwill will result from this transaction