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In 2 0 x 1 , ABC paid cash of 7 0 to acquire all of the shares of XYZ . Immediately before the acquisition,

In $20$ x $1,$ ABC paid cash of $70$ to acquire all of the shares of XYZ $.$ Immediately before the acquisition, XYZs assets had a carrying $($ fair $)$ value of $35 (55)$ and its liabilities had a carrying and fair value of $30 .$ How much goodwill did ABC recognize?

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In 2 0 x 1 , ABC paid cash of 7 0 to acquire all of the shares of XYZ . Immediately before the acquisition,

In 20x1, ABC paid cash of 70 to acquire all of the shares of XYZ. Immediately before the acquisition, XYZs assets had a carrying (fair) value of 35(55) and its liabilities had a carrying and fair value of 30. How much goodwill did ABC recognize?

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In $20$ x $1,$ ABC paid cash of $70$ to acquire all of the shares of XYZ $.$ Immediately before the acquisition, XYZs assets had a carrying $($ fair $)$ value of $35 (55)$ and its liabilities had a carrying and fair value of $30 .$ How much goodwill did ABC recognize?