Ozarks Company has assets with a book value $90,000 and liabilities of $30,000. Crocker Company purchases Ozarks Company for $90,000 cash and assumption of all liabilities. If the newly acquired assets are appraised at $100,000, Goodwill should be recorded in the amount of a.$50,000. b, $0. c. $10,000. d. $20,000. Haugland Company purchased a patent for $34,000. The patent has an estimated useful life of 10 years. The yearly amortization is a. $2,000. b. $1, 700. c. $850. d. $3, 400. On June 15, Mapleroot Company purchased a coal mine for $1, 500,000. It was estimated the mine would produce 500,000 tons of coal over the next 10 years. Assuming actual production of 40,000 tons of coal during the first year, which of the following is the correct amount of depletion expense? a. $37, 500. b. $100,000. c, $120,000. d. $150,000