Orlando Company Acquired All of the Shares of Tampa Company

Multiple Choice

Orlando Company acquired all of the shares of Tampa Company for $100 cash.At the time of the acquisition,the fair values of Tampa Company's assets were $200.At the time of acquisition,the fair values of Tampa Company's liabilities were $120.On the date of acquisition,what is the amount of goodwill on the consolidated balance sheet?

A) $0
B) $20
C) $80
D) $100