Question: Can you help me solve this general accounting question using the correct accounting procedures? TechOps Inc. acquired all of the outstanding stock of InnoSoft Solutions

Can you help me solve this general accounting question using the correct accounting procedures?

TechOps Inc. acquired all of the outstanding stock of InnoSoft Solutions for $25 million. The book value of InnoSoft's net assets (assets minus liabilities) was $12 million. The fair values of InnoSoft's assets and liabilities equaled their book values except for certain intangible assets, whose fair values exceeded book values by $3.5 million. Calculate the amount paid for goodwill

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