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HeinzVeer Corp. is considering the purchase of Orfeo Co. The following is the balance sheet for Orfeo C. at December 31, 2019. Additional data: 1

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HeinzVeer Corp. is considering the purchase of Orfeo Co. The following is the balance sheet for Orfeo C. at December 31, 2019. Additional data: 1 Accounts receivable has a net realizable (like fair) value of $430,000. 2 Plant \& Equipment have a fair market value of $374,000. All other assets and liabilities have fair values that are equal to book values. 4 Orfeo Co. agrees to sell the business to Logan Corp for $920,000. 1 Accounts receivable has a net realizable (like fair) value of $430,000. 2 Plant 8 Equipment have a fair market value of $374,000. All other assets and liabilities have fair values that are equal to book 3 values. 4 Orfeo Co, agrees to sell the business to Logan Corp for $920,000. Required 1 of 3: Calculating the Fair value of the Identifable Net Assets is needed to calculate Goodwith. Based on how it was demonstrated in class, which accounts and respective amounts are needed to calculate the Fair Value of the tdentifiable Net Assets? Select ALL that apply. a. Bonds payable 372,000 3. Inventary 108,000 E Common stock 108,000 d. Accounts receivable 430,000 a. Accounts receivable 432,000 Long-term investments 156,000 1. Cash 920,000 1. Accounts payable 96,000 Plant and equipment 374,000 Plant and equipment 384,000 R. Retained earnings 504,000 Required 2 of 3: Calculate the FVINA amount and input your answer in the box below. Round your answer to the nearest dollar. DO NOT INCLUDE THE DOLLAR (\$) SIGN OR A COMMA (.). EG. 10000 FVINA = Required 3 of 3: What if? If the FVINA is $500,000, calculate the goodwill in the box below. Round your answer to the nearest dollar. DO NOT INCLUDE THE DOLLAR (\$) SIGN OR A COMMA (,), EG. 10000 Goodwill =

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