Assignment Gradebook ORION Downloadable eTextbook FULL SCREEN ent PRINTER VERSION BACK NEXT 40 PM / Remaining: 94 min. Testbank Multiple Choice Question 99. Cullumber Company's 12/31/21 balance sheet reports assets of $6890000 and liabilities of $2690000. All of Cullumber's assets' book values approximate their fair value, except for land, which has a fair value that is $409000 greater than its book value. On 12/31/21, Ivanhoe Corporation paid $7019000 to acquire Cullumber. What amount of goodwill should Ivanhoe record as a result of this purchase? $129000 $2410000 $2819000 $0 O SAVE FOR LATER SUBMIT ANSWER Question Attempts: 0 of 1 used