The DOC Corporation with a Book Value of $20 Million

Multiple Choice

The DOC Corporation with a book value of $20 million and a market value of $30 million has acquired the CIC Corporation with a book value of $6 million and a market value of $8 million at a price of $9 million.If the transaction is a purchase,will there be any goodwill,and if so,what is the amount of goodwill?

A) No goodwill; 0
B) Yes goodwill; 3
C) Yes goodwill; 1
D) Cannot be calculated with the information given