A company purchased a piece of equipment by paying $9.000 cash A shipping cost of $600 to get the equipment to its factory was also incursed. The fair value of the equipment was 57800 at the time of the purchase. For what amount should the company record the equipment? 02:56:44 Multiple Choice $8.400 o $9.000 $7000 B The balance sheet of Cattleman's Steakhouse shows assets of $90,000 and liabilities of $18,000. The fair value of the assets is $94.500 and the fair value of its liabilities is $18,000 Longhorn paild Cattleman's $104,000 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of Multiple Choice $11.100 $38.600 $9.500