Bryer co. purchases all of the assets and liabilities of stellar co. for $1,500,000. the fair value of stellar’s assets is $2,000,000, and its liabilities have a fair value of $1,200,000. the book value of stellar’s assets and liabilities are not known. for what amount would bryer record goodwill associated with the purchase?

multiple choice

$800,000.

$500,000.

$700,000.

$0.

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