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HW10 i 2 2 points Saved On March 31, 2024, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $19,000,000

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HW10 i 2 2 points Saved On March 31, 2024, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $19,000,000 in cash. The book values and fair values of Barney's assets and liabilities were as follows: eBook Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Hint Required: References Calculate the amount paid for goodwill. Goodwill Book Value Fair Value $ 8,000,000 $ 9,500,000 13,000,000 1,200,000 16,000,000 1,700,000 6,000,000 6,000,000 8,000,000 7,500,000 Help Save & Exit Submit Check my work

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