Up Country Publishing paid $250,000 to acquire Up State Report, a weekly advertising paper. At the time of the acquisition, Up State Report's balance sheet reported total assets of $140,000 and liabilities of $80,000. The fair market value of Up State Repor's assets was $110,000. The fair market value of Up State Report's liabilities was $80,000. Read the requirements. Requirement 1. How much goodwill did Up Country Publishing purchase as part of the acquisition of Up State Report