Question: Help Save & Exit Submit Amie, Incorporated, has 1 5 5 , 0 0 0 shares of $ 1 par value stock outstanding. Prairie Corporation

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Amie, Incorporated, has

155, 000

shares of $

1

par value stock outstanding. Prairie Corporation acquired

46, 500

of Amie's shares on January

1, 2021,

for $

93, 000

when Amie's net assets had a total fair value of $

366, 250 .

On July

1, 2024,

Prairie bought an additional

93, 000

shares of Amie from a single stockholder for $

4

per share. Although Amie's shares were selling in the $

3

range around July

1, 2024,

Prairie forecasted that obtaining control of Amie would produce significant revenue synergles to justify the premium price paid. If Amie's identifiable net assets had a fair value of $

492, 250

at July

1, 2024,

how much goodwill should Prairie report in its postcombination consolidated balance sheet?

Multiple Choice

0

127, 750

46, 500

65, 750

Help Save & Exit Submit Amie, Incorporated, has 155,000 shares of

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