What is the amount of goodwill or gain related to the acquisition?
A. Goodwill of $70,000
B. Goodwill of $30,000
C. A gain of $30,000
D. A gain of $70,000
Answer:D
What is the amount of goodwill or gain related to the acquisition?
A. Goodwill of $70,000 B. Goodwill of $30,000 C. A gain of $30,000 D. A gain of $70,000