QUESTION 9 Jones bought all the outstanding stock of Smith corp. Cash paid 11000 book value of smith net assets 9500 fair value of smiths asssets and liabilities were equal to book value except book fair value value accounts receivbles 1300 1100 property plant and equipment 8000 9400 intangible assets 200 1200 The amount of goodwill is: a, 9,500 b. 11.700