Apple Inc Purchased a 70% Interest in the Banana Company for for $490,000

Multiple Choice

Apple Inc. purchased a 70% interest in the Banana Company for $490,000 on January 1, 20X3, when Banana Company had the following stockholders' equity: At the time of Apple's purchase, Banana Company was an 80% owner of the Carrot Company. Also on that date, Carrot Company has a machine that has a market value in excess of book value of $20,000. There is no difference between book and market value for any Banana Company assets. The goodwill that would result from this purchase is ____.
$\begin{array}{lr}\text { Common stock, } \$ 10 \text { par } & \$ 100,000 \\\text { Other paid-in capital } & 250,000 \\\text { Retained earnings } & 150,000\end{array}$

A) $200,000
B) $180,000
C) $140,000
D) $126,000