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Far-flung Co Ltd purchases Local Co Ltd for the purchase consideration of: Picture Far-flung incurred legal fees of $6000 to complete the acquisition. Local Co

Far-flung Co Ltd purchases Local Co Ltd for the purchase consideration of: Picture Far-flung incurred legal fees of $6000 to complete the acquisition. Local Co Ltd had the following assets and liabilities at the time of the purchase Picture What is the value of goodwill, if any?

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