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On January 1, 2017, Cobb Company purchased 80% of Dan Company for $1,000,000 when the fair market value of Dans net asset were $1,000,000. Under

On January 1, 2017, Cobb Company purchased 80% of Dan Company for $1,000,000 when the fair market value of Dans net asset were $1,000,000. Under IFRS how much goodwill should be shown on this acquisition?

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