Figure: the Financial Statements for Goodwin, Inc., and Corr Company for for the Year

Multiple Choice

Figure:
The financial statements for Goodwin, Inc., and Corr Company for the year ended December 31, 20X1, prior to Goodwin's acquisition business combination transaction regarding Corr, follow (in thousands) : On December 31, 20X1, Goodwin issued $600 in debt and 30 shares of its $10 par value common stock to the owners of Corr to acquire all of the outstanding shares of that company. Goodwin shares had a fair value of $40 per share.
Goodwin paid $25 to a broker for arranging the transaction. Goodwin paid $35 in stock issuance costs. Corr's equipment was actually worth $1,400 but its buildings were only valued at $560.
-In this acquisition business combination, at what amount is the investment recorded on Goodwin's books?

A) $1,540.
B) $1,800.
C) $1,860.
D) $1,825.
E) $1,625.