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Question 15 of 50 < View Policies Current Attempt in Progress -/1 E ! Sunland Company's 12/31/21 balance sheet reports assets of $11700000 and

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Question 15 of 50 < View Policies Current Attempt in Progress -/1 E ! Sunland Company's 12/31/21 balance sheet reports assets of $11700000 and liabilities of $4940000. All of Sunland's assets' book values approximate their fair value, except for land, which has a fair value that is $740000 greater than its book value. On 12/31/21. Egbert Corporation paid $11897000 to acquire Sunland. What amount of goodwill should Egbert record as a result of this purchase? O $4397000 O $197000 $0 O $5137000

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