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Pro-tech Software acquired all of the outstanding stock of Reliable Software for $17 million. The book value of Reliable's net assets (assets minus liabilities) was
Pro-tech Software acquired all of the outstanding stock of Reliable Software for $17 million. The book value of Reliable's net assets (assets minus liabilities) was $8.6 million. The fair values of Reliable's assets and liabilities equaled their book values with the exception of certain intangible assets whose fair values exceeded book values by $2.8 million Calculate the amount paid for goodwill. Enter your answer in whole dollars.) Goodvwil
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