17. Wickreme Limited acquired the net assets and contingent liabilities of Manilla Limited for a purchase consideration of $300 000. Manilla Limited's net assets and contingent liabilities at fair value were: Total assets $420 000 Total liabilities $150 000 Contingent liabilities $50 000. The amount of goodwill to be recognised by Wickreme Limited when recording the business combination is: A $80 000 B $130 000 C $200 000 D $220 000