In April $2$XX$0,$ Useful Tech Company acquired $100$ percent of the common stock of Royalty Company by paying $$150,000$ cash and promising to pay an additional amount if certain earnings targets were met. The fair value of the contingent consideration was $$15,830.$ Immediately after the acquisition, Useful changed its name to Royalty Tech Incorporated. According to its June $30,2$XX$0$ SEC Form $10-$Q$,$ on the acquisition date, the total fair value assigned to tangible and intangible assets acquired $($excluding goodwill$)$ was $$194,225$ million, while the total fair value assigned to liabilities assumed was $$132,740$ million.

a$.$ What is the total acquisition cost $($i$.$e$.,$ purchase price$)$ of the acquisition?

b$.$ What is the value of goodwill recognized in Royalty Tech Inc.$$s consolidated financial statements as a result of this acquisition?Question $27$ Not changed since last attempt Marked out of $4\mathrm{.}00,P$ Flag question million, while the total fair value assigned to liabilities assumed was $$132,740$ million.

a$.$ What is the total acquisition cost $($i$.$e$.,$ purchase price$)$ of the acquisition? $

b$.$ What is the value of goodwill recognized in Royalty Tech Inc.$\text{'}$s consolidated financial statements as a result of this acquisition? &