2. Mango acquired on January 1, 2016 all the issued and outstanding common shares of Celine Inc. for P 310,000 and Celine Inc, is dissolved. On this day, the assets and liabilities of Celine Inc, Show: Cash P30,000 Merchandise Inventory P90,000 Plant and equipment P160,000 Goodwill 50,000 Liabilities (60,000) Per appraisal, plant and equipment and merchandise inventory were valued at P190,000 and P75,000, respectively, What is the amount of goodwill resulting from this transaction? A. 125,000 B. 40,000 C. 75,000 D. 90000