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Mainline Produce Corporation acquired all the outstanding common stock of iceberg Lettuce Corporation for $39.000.000 in cash The book values and fair values of Iceberg's
Mainline Produce Corporation acquired all the outstanding common stock of iceberg Lettuce Corporation for $39.000.000 in cash The book values and fair values of Iceberg's assets and liabilities were as follows: Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Book Value $14,88e, eee 28. zee.eee 4.8ee.eee 9.280.eas 14,889,808 Fair Value $17,980, 34,200,000 5,880.800 9.229.99 13,800,000 Required: Calculate the amount paid for goodwill. (Enter your answer in millions (.e. 5,000,000 should be entered as 5).) Amount paid for goodwill million
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