Bakers Mart Just Acquired Liver Works in a Stock Transaction

Multiple Choice

Bakers Mart just acquired Liver Works in a stock transaction.The combined firm has a post-merger value of $314,500.As independent firms,Bakers Mart was worth $212,000 and Liver Works was worth $92,100.How much synergy was created by the merger?

A) $8,600
B) $102,500
C) $10,400
D) $2,500
E) $0