The balance sheet of Cattleman's Steakhouse shows assets of $$93,600$ and liabilities of $$21,000.$ The fair value of the assets is

$$99,000$ and the fair value of its liabilities is $$21,000.$ Longhorn paid Cattleman's $$113,000$ to acquire all of its assets and

liabilities. Longhorn should record goodwill on this purchase of:

Multiple Choice

$$53,600.$

$$14,000.$

$$18,600$