Yves Ltd acquired a 100 interest in Laurent Enterprises on
Yves Ltd. acquired a 100% interest in Laurent Enterprises on November 4, 2013. The total price paid was $847,103. The book value of Laurent Enterprises net assets on that date was $450,104 and the fair market value of the net assets on that date was $678,103.
What would be the amount of goodwill in this situation?
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