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On June 1 Cline Copold $1137.000 cash for all of the issued and outstanding common stock of Renn Corp. The carrying amounts for Renn's assets

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On June 1 Cline Copold $1137.000 cash for all of the issued and outstanding common stock of Renn Corp. The carrying amounts for Renn's assets and Habilities on June 1 follow Cash Accounts receivable Capitalized software cont doodwill Liabilities Net annet $ 226,000 281.000 418.000 161,000 (213,000) $ 873,000 On June 1, Renn's accounts receivable had a fair value of $216,000. Additionally, Renn's in process research and development was estimated to have a fair value of $281000. All other items were stated at their fair values. On Cine's June 1 consolidated balance sheet how much is reported for goodwil? Multiple Choice $200.000 $144.000 Proy 8 of 40 Next >

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