a) $132000 b) $2962000 c) $2539000 d) $0 Oriole Company's 12/31/21 balance sheet reports...
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Accounting
a) $132000
b) $2962000
c) $2539000
d) $0
Oriole Company's 12/31/21 balance sheet reports assets of $7030000 and liabilities of $2830000. All of Oriole's assets' book values approximate their fair value, except for land, which has a fair value that is $423000 greater than its book value. On 12/31/21, Pharoah Corporation paid $7162000 to acquire Oriole. What amount of goodwill should Pharoah record as a result of this purchase
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a) $132000