v$)$ $$869,000$

uestion $35(2$ points$)$

Businesses are allowed to record goodwill $q,$

when they continue the business of an acquired corporation

if they acquire another corperation at a price higher than the market value of its net assets

if their market value has increased enormously in the recent past

when they enjoy an outstanding reputation and loyalty with customers

uestion $36(2$ points$)$

ABC Company purchased land for a new parking lot for $$125,000.$ The paving cost $$175,000,$ and the lights to illuminate the new parking area cost $$60,000.$ Which of