Question 1 (3 points) Saved Bravo paid $110.000 for the net assets of Tango Company. At the time of the acquisition the following information was available related to Tango's balance sheet: Book Value Enir Value Current Assets 550.000 S 50,000 Building 80,000 100.000 Equipment 40,000 50,000 Liabilities 30.000 30.000 What is the amount of goodwill or gain related to the acquisition? Goodwill of $60,000 A gain of $60,000 Goodwill of $70,000 A gain of $70,000 145 IM