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The franchise fee was on Jamuary 1, 2020, and on December 31, 2020. Disteg cconoti $210,000. D research an Company at a cas purchase price

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The franchise fee was on Jamuary 1, 2020, and on December 31, 2020. Disteg cconoti $210,000. D research an Company at a cas purchase price of $1,200,000. Munn determined that the fair value of the assets acquired in $750,000 Determine the amount of goodwill recorded by Mun Brief Exercise 13 png G Oy 3, 2020, Munn acquired all noncash assets and assumed all liabilities of Saturn $140000 and the fair value of liabilities isso 100. The bok value of the net assets at the purchas imt all assts and assumed all liabilities of Silver Company at a cash purchase Computing Goodwill LO3 s at the purchase date Hint See Demo '3 upon purchase of Saturn Com mpany price d of

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