Problem 7-13 (LO 7-7) Baratheon Company purchases all of Tyrell Company for $595,500 in cash. On that date, the subsidiary has net assets with a $555.000 fair value but a $436.000 book value and tax basis. The tax rate is 20 percent. Neither company has reported any deferred income t on the date of the acquisition? tax assets or kabilities. What amount of goodwill should be recognized 34.300 134,300 13 cr 18 lla Next > Brey