Routing Solutions paid $325,000 to acquire Tablet, Inc., an electronic gadget-advertising website. At the time of the acquisition, the fair market value of Tablete's assets was $210,000 and the fair market value of its liabilities was $105,000. How much goodwill did Routing Solutions purchase as part of the acquisition of Tablet? $220.000 S105,000 S115,000 $10,000 General Motors is depreciating an item on its assembly line using the straight line method over 9 years. The item cost $1,000,000 and had an original estimated residual value of $100,000. After the sth year, it is determined that the residual value will be zero at the end of the oth year. How much depreciation expense will be recorded in the 6th year? $125,000 $100,000 583.000 S150,000 -> Moving to another question will save this response Question 34 of 35 In 2017, the Dugan Co, had net credit sales of $750,000. On January 1, 2017, the allowance for bad debts had a credit balance of S16,000. During 2017, 530,000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10% of the balance in receivables (percentage of receivable basis). If the accounts receivable balance at December 31, 2017, was $200,000, what is the required adjustment to the allowance for bad debts at December 31, 2017? Debit the allowance for bad debts for $14,000 Credit the allowance for bad debts for $34,000 Credit the allowance for bad debts for $14,000 Debit the allowance for bad debts for $34,000