Floyd company purchases haeger company for $1,600,000 cash on january 1, 2015. the book value of haeger company's net assets, as reflected on its december 31, 2014 balance sheet is $1,240,000. an analysis by floyd on december 31, 2012 indicates that the fair value of haeger tangible assets exceeded the book value by $120,000, and the fair value of identifiable intangible assets exceeded book value by $90,000. how much goodwill should be recognized by floyd company when recording the purchase of haeger company
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