In 2017, First Company purchased Second Company for $19,000,000 cash. At the time of purchase, Second Company's assets has a market value of $25,000,000 and the liabilities had a market value of $18,000,000. At the time of purchase, Second Company's assets had a book value of $15,000,000 and the liabilities had a book value of $10,000,000. What amount of goodwill is recorded

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers. b) may not accept the offer because it is considered lavish entertainment. c) must obtain written consent from batts brothers before accepting the offer.