18. Company A paid $600 million for all the outstanding stock of Company B. At the acquisition date, Company B reported the following condensed balance sheet: (6 points) Condensed Balance Sheet Current Assets PP&E net Goodwill Total Liabilities Stockholders' Equity Book Value ($ millions) $80 760 30 400 470 The fair value of PP&E was $120 million more than its recorded book value. The fair value of all other identifiable assets and liabilities were equal to their recorded book values. The amount of goodwill to be recorded in the consolidated balance sheet is: A. $28 B. $40 C. $68 D. $110