Question: US Kieso, Intermediate Accounting, 16e CALCULATOR BACK Multiple Choice Question 100 Ivanhoe Company's 12/31/18 balance sheet reports assets of $11500000 and liabilities of $4900000. All

 US Kieso, Intermediate Accounting, 16e CALCULATOR BACK Multiple Choice Question 100

US Kieso, Intermediate Accounting, 16e CALCULATOR BACK Multiple Choice Question 100 Ivanhoe Company's 12/31/18 balance sheet reports assets of $11500000 and liabilities of $4900000. All of Ivanhoe's assets' book values approximate their fair value, except for land, which has a fair value that is $700000 greater than its book value. On 12/31/18, Egbert Corporation paid $11693000 to acquire Ivanhoe. What amount of goodwill should Egbert record as a result of this purchase? $4393000 s0 $193000 $5093000 Question Attempts: O of 1 used SAVE FOR LATER SUBMIT ANSWER P11

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