S10-13 (similar to) Uuestion Help Up Country Publishing paid $250,000 to acquire Mesa Herald, a wookly advertising paper. At the time of the acquisition, Mesa Herald's balance sheet reported total assets of $120,000 and liabilities of $60,000. The fair market value of Mesa Heralds assets was $90,000. The fair market value of Mesa Herald's liabilities was $60,000 Read the requirements Requirement 1. How much goodwill did Up Country Publishing purchase as part of the acquisition of Mesa Herald? Purchase price to acquire Mosa Harald Market value of Mosa Herald's assets Less: Market value of Mosa Herald's liabilities Text Less Market value of Mesa Herald's not assets Goodwill dia Libral Resource Study Enter any number in the edit fields and then click Chark Anwar