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How much goodwill did Routing Solutions purchase

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Question - Routing Solutions paid $211,000 to acquire Tabletz, Inc., an electronic gadget - advertising website. At the time of the acquisition, Tabletz's balance sheet reported total assets of $211,000 and liabilities of $105,500. The fair market value of Tabletz's assets was $211,000. The fair market value of its liabilities was $105,500. How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz?

A. $105,500

B. $158,250

C. $211,000

D. $52,750

Reference no: EM132609863

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