New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $69,300...
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Accounting
New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $ in cash. The book values and fair values of Red Rock's assets and liabilities were as follows: Required: Calculate the amount paid for goodwill. 
New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $ in cash. The book values and fair
values of Red Rock's assets and liabilities were as follows:
Required:
Calculate the amount paid for goodwill.
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