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The balance sheet of Cattleman's Steakhouse shows assets of $85,700 and liabilities of $15,300. The fair value of the assets is $90,800, and the fair

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The balance sheet of Cattleman's Steakhouse shows assets of $85,700 and liabilities of $15,300. The fair value of the assets is $90,800, and the fair value of its liabilities is $15.300. Longhorn paid Cattieman's $83,720 to acquire it. Longhorn should record goodwill on this purchase of: O $8.220 O $1.980 O $13.320 O $9,900

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