TX, Inc., dominates the snack-food industry with its Salty Chip brand. Assume that TX purchased Amazing Chips Company for $5.9 million cash. The market value of Amazing Chips' assets is $6 million, and Amazing Chips has liabilities with a market value of $5.0 million. Read the requirements. Requirement 1. Compute the cost of the goodwill purchased by TX. (Enter amounts in millions to the nearest tenth of a million as provided in the problem statement, X.X.) Less: Cost of goodwill Requirements 1. Compute the cost of the goodwill purchased by TX. 2. Explain how TX will account for goodwill in future years. Print Print Done Done