Sunland Company acquired Ranger Company for $ 5 1 0 2 4 0 0 0 cash on

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Sunland Company acquired Ranger Company for $

51024000

cash on August

1, 2026 .

The fair value of Ranger Company's identifiable tangible and intangible net assets was $

39408000 .

Sunland will amortize any goodwill over the maximum number of years allowed.What is the annual amortization of goodwill for this acquisition?

Related Book For answer-question

Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Mar 15, 2024 08:35 PM

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Sunland Company acquired Ranger Company for $ 5 1 0 2 4 0 0 0 cash on

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Intermediate accounting

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