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TX Pubig paid 150 000 maru of Marie Valley Chron Mary Chrow was $100,000. The y paper the w o Mart Valley C market value of M
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Answer #1

Calculate following

Purchase price to acquire Marble Valley Chronicle 190000
Market value of Marble Valley Chronicle's assets 100000
Less: Market value of Marble Valley Chronicle's liabilities 70000
Less: Market value of Marble Valley Chronicle's net assets 30000
Goodwill 160000
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