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The balance sheet of Cattleman's Steakhouse shows assets of $93.600 and liabilities of $21000. The fair value of the assets is $99.000 and the far

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The balance sheet of Cattleman's Steakhouse shows assets of $93.600 and liabilities of $21000. The fair value of the assets is $99.000 and the far value of its liabilities is $21000 Longhorn paid Cottleman's 5113.000 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of Mr Choice SH.000 O $35.000 O $53,600 518 600

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