Quid Corporation Acquired 60 Percent of Pro Company's Common Stock

Multiple Choice

Quid Corporation acquired 60 percent of Pro Company's common stock on December 31,20X4.Goodwill (attributable to Quid's acquisition of Pro shares) of $150,000 was calculated under the proprietary theory approach.What is the amount of goodwill that should be reported under entity theory approach?

A) $150,000
B) $200,000
C) $250,000
D) $100,000