TXL Publishing paid $230,000 to acquire Seacoast Report, a weekly advertising paper. At the time of the acquisition, Seacoast Report's balance sheet reported total assets of $90,000 and liabilitie of $50,000. The fair market value of Seacoast Report's assets was $70,000. The fair market value of Seacoast Report's liabilities was $50,000. Read the requirements. Requirement 1. How much goodwill did TXL Publishing purchase as part of the acquisition of Seacoast Report? Requirements 1. How much goodwill did TXL Publishing purchase as part of the acquisition of Seacoast Report? 2. Joumalize TXL Publishing's acquisition of Seacoast Report