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PLEASE ANSWER AND SHOW WORK!!! Jackson Company acquires 100% of the stock of Clark Corporation on January 1,2023 , for $4,800 cash. As of that
PLEASE ANSWER AND SHOW WORK!!! 
Jackson Company acquires 100% of the stock of Clark Corporation on January 1,2023 , for $4,800 cash. As of that date Clark has the following trial balance: QV rverincome and dividends reported by Clark for 2022 and 2023 follow: The fair value of Clark's net assets that differ from their book values at acquisition date are listed below: Any excess of consideration transferred over fair value of net assets acquired is considered goodwill with an indefinite life. Compute goodwill, if any, at January 1,2023
PLEASE ANSWER AND SHOW WORK!!!
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