The balance sheet of Cattleman's Steakhouse shows assets of $94,800 and liabilities of $22,000. The fair value of the assets is $100,500 and the fair value of its liabilities is $22,000. Longhorn paid Cattleman's $116,000 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of: Multiple Choice $21,100. $15,500 $37,500. $58,600