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Business, 11.12.2019 05:31 andrewmena05

Pro-tech software acquired all of the outstanding stock of reliable software for $17 million. the book value of reliable’s net assets (assets minus liabilities) was $8.6 million. the fair values of reliable’s assets and liabilities equaled their book values with the exception of certain intangible assets whose fair values exceeded book values by $2.8 million.
1. calculate the amount paid for goodwill. (enter your answer in whole dollars.)

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