Goodwill may be recorded when it is identified within a company. a company has exceptional customer relations. one company acquires another in a business combination. the fair value of a company's assets is the same as their cost Question 46 (1.54 points) When the purchaser in a business combination pays less than the fair value of the identifiable net assets, such a situation is referred to as a bargain purchase. goodwill purchase. residual purchase. blanket purchase. Question 47 (1.54 points) Which of the following is an intangible asset? Equipment Land OOC Research and Development Cost Copyright Question 48 (1.54 points) Use the following information for questions 48 to 50 Lynne Corporation acquired a patent on January 1, 2015. Lynne paid cash of $45,000 to the seller. Legal fees of $1,000 were paid related to the acquisition. What amount should be debited to the patent account? $1,000 $46,000 $44,000 $45,000