Q15

Ivanhoe Company's 12/31/21 balance sheet reports assets of $11500000 and liabilities of $4900000. All of Ivanhoe's assets' book values approximate their fair value, except for land, which has a fair value that is $700000 greater than its book value. On 12/31/21, Egbert Corporation paid $11693000 to acquire Ivanhoe. What amount of goodwill should Egbert record as a result of this purchase? O $4393000 $0 O $193000 O $5093000