Brynlee Paid $500,000 for a Company,$100,000 in Excess of the Book

Multiple Choice

Brynlee paid $500,000 for a company,$100,000 in excess of the book value.Brynlee has ______.

A) $100,000 of expenses
B) $100,000 of intangible assets
C) goodwill of $100,000
D) debt of $100,000