On November 13, Underhill incorporated, a calendar year taxpayer, purchased a business for a $965 700 lump-sum price: The business's balance sheet assets had the following appraised FMV Accounts receivable Inventory Tangible personalty $ 43,000 202.500 627,500 5.873,000 Required: a. What is the cost basis of the goodwill acquired by Underhill on the purchase of this business? b. Compute Underhill's goodwill amortization deduction for the year of purchase c. Assuming a 21 percent tax rate, compute the deferred tax asset or deferred tax liability (identify which) resulting from Underhill's amortization deduction