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Juliana Corporation purchased all of the outstanding stock of Caldwell Inc., paying $2,800,000 cash. Juliana assumed all of the liabilities of Caldwell. Book values and

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Juliana Corporation purchased all of the outstanding stock of Caldwell Inc., paying $2,800,000 cash. Juliana assumed all of the liabilities of Caldwell. Book values and fair values of acquired assets and liabilities were: Juliana would record goodwill of: Multiple Choice $740,000 $200,000 $4,290,000 $1,390,000

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