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The balance sheet of Cattleman's Steakhouse shows assets of $86,800 and liabilities of $13,600. The...

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Accounting

The balance sheet of Cattleman's Steakhouse shows assets of $86,800 and liabilities of $13,600.

The fair value of the assets is $90,100 and the fair value of its liabilities is $13,600.

Longhorn paid Cattleman's $83,020 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of:

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