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Nunes retires and receives $275,000 in cash from the partnership. Partnership net assets are recorded at amounts approximating fair value. If the partial goodwill approach

Nunes retires and receives $275,000 in cash from the partnership. Partnership net assets are recorded at amounts approximating fair value. If the partial goodwill approach is used, goodwill is recognized in the amount of:

Select one:

a. $ 75,000

b. $100,000

c. $ 25,000

d. $125,000

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