14) Parent and Sub Inc. had the following balance sheets on December 31, 2018: Parent Sub Current Assets Fixed Assets (net) Total Assets $ 60,00 $100,000 $160,000 $10,00 S60,000 S70,000 $ 42,00 $ 20,00 $90,00 S35,00 Current Liabilities Bonds Payable Common Shares Retained Earnings Total Liabilities and Equitv $11.000 S70,000 $160,000 On January 1, 2019 Parent purchased all of Sub Inc.s Common Shares for S40,000 in ca that date, Sub's Current Assets and Fixed Assets were worth S26,000 and $54,000, respe Assuming that Consolidated Financial Statements were prepared on that date, answer the following: The Goodwill arising from this Business Combination would be: A) $7,000 B) S120,000 C) (S17,000) D) S17,000