Curiosity Ltd Acquired All the Issued Share Capital of Cat

Multiple Choice

Curiosity Ltd acquired all the issued share capital of Cat Ltd on 1 July 20X1.Cat Ltd's shareholders equity (all at fair value) at that date was as follows:
$$\begin{array} { l r } & \mathbf { 0 0 0 } \mathrm { s } \\\text { Paid up capital } &\$4500\\\text { General reserve } & \$ 2000 \\\text { Asset revaluation reserve } & \$ 500 \\\text { General reserve } & \$1000 \\\text { Retained profits } & \$ 1500 \\\end{array}$$
At 1 July 20X1, Curiosity Ltd considered Cat Ltd had unrecorded licenses with a fair value of $1 500 000.What was the cost of acquisition (the fair value of the consideration paid) incurred by Curiosity Ltd, if $500 000 of consolidation goodwill from the business combination was recognised in the consolidated financial statements prepared on 1 July 20X1?

A) $11 500 000
B) $10 500 000
C) $10 000 000
D) $9 000 000