The Balance Sheet of Flo's Restaurant Showed Total Assets of $600,000,liabilities

Multiple Choice

The balance sheet of Flo's Restaurant showed total assets of $600,000,liabilities of $160,000 and equity of $540,000.An appraiser estimated the fair value of the restaurant assets at $680,000.If Alice Company pays $770,000 cash for the restaurant the amount of goodwill acquired would be:

A) $90,000.
B) $170,000.
C) $250,000.
D) $230,000.