(Answered) Question - alpha company was recently sold for 1250000

Accounting

Question - Alpha Company was recently sold for $1,250,000. Alpha assets and liabilities consisted of the following:

Item	Amount
Cash	$75,000
Inventory	$275,000
Property, Plant & Equipment	$750,000
Accounts Payable	$350,000

Using this information, how much should be recorded as Goodwill for this transaction?

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