Apple Inc purchased a 70% interest in the Banana Company for $490,000 on January 1, 2018, when Banana Company had the following stockholders' equity: Common stock, $10 par $100,000 Paid-in capital in excess of par 250,000 Retained earnings 150,

000 At the time of Apple's purchase, Banana Company was an 80% owner of the Carrot Company. Also on that date, Carrot Company has a machine that has a market value in excess of book value of $20,000 . There is no difference between book and market value for any Banana Company assets. The goodwill that would result from this purchase is ____. a. $184,000
b. $180,000
c. $140,000
d. $126,000

a