Wednesday, May 11, 2022 10:44:45 AM
Total assets:
TOTAL ASSETS 49,370,113
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) 49,370,113
That should explain it. Notice that they are exactly equal?
Goodwill was added to assets to offset the liabilities. Goodwill is essentially meaningless. It is a made up number.
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