Question: Moving to another question will save the response Queston 2 of 19 Question 2 25 points Save Answer At 1/1/2020 Mohammad Corp, purchased Joliechie Division
Moving to another question will save the response Queston 2 of 19 Question 2 25 points Save Answer At 1/1/2020 Mohammad Corp, purchased Joliechie Division and at that time recorded goodwill of $350,000. At 31/12/2023 Joliechac division net assets, including goodwill have a carrying amount of $720.000 The recoverable amount of Joliechac division's net assets is estimated to be $410,000 And at 31/12/2024 the recoverable amount of Joliechic division's net assets exceeds its carrying amount by S40,000 what is the amount of goodwill to be reported at 31/12/2024 Zero 40,000 80.000 350,000 none of the above Question 2 of 19 Moving to another question will save this response
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