Question 10 (10 points) Annapolis Company was recently sold for $460,000. Annapolis had assets & liabilities appraised at the time of the sale in the amounts of Item Amount Accounts Receivable assumed by $105,000 buyer Inventory Property, Plant & Equipment (net) $540,000 Notes Payable assumed by bue $665,000 Using this information, how much should be recorded as Goodwill for this transaction? $280,000