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Grand acquire 80 % of National for $ 25 million. At the acquisition date the fair value of net assets was 21 million. The total

Grand acquire 80 % of National for $ 25 million. At the acquisition date the fair value of net assets was 21 million. The total amount of acquired assets $ 31,25 million.

Calculate the amount of goodwill aroused in consolidated Grand's financial statements.

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