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X corporation acquires 90% of the voting common stocks of Y corporation by issuing 10000 common stocks with $1 par value and $30 fair market
X corporation acquires 90% of the voting common stocks of Y corporation by issuing 10000 common stocks with $1 par value and $30 fair market value. The net assets of combinee at the fair market value is 300000 (no business combination costs).The goodwill is --
a.
25500
b.
30000
c.
20000
d.
25000
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