Chase Ltd Purchased 60% of Latham Ltd

Multiple Choice

Chase Ltd. purchased 60% of Latham Ltd. for $1,500,000. At the date of acquisition, the carrying value of Latham's net identifiable assets was $1,800,000 and the fair value was $2,200,000 after accounting for the tax effect. The fair value of the NCI at that date is $1,000,000. What is the amount of the goodwill under the full goodwill method?

A) $300,000.
B) $(300,000) .
C) $120,000.
D) $400,000.