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Snow & Aro, LLC. purchased a small firm Everdeen & Swan Co. for $600,000 cash. The market value of Everdeen & Swans assets at the

Snow & Aro, LLC. purchased a small firm Everdeen & Swan Co. for $600,000 cash. The market value of Everdeen & Swans assets at the time of purchase was $900,000 and the liabilities book value was $750,000. How much Goodwill will Snow & Aro, LLC. report on it's Balance Sheet for the purchase of Everdeen & Swan, Co.?

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