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On 1/1/ 2020,X Co paid $800,000 for all of Y co issued and outstanding common stock, Y recorded assets and liabilities on 1/1/2020, were as follows:

Cash 80,000

Inventory 240,000

Property & Equipment (net) 480,000

Liabilities (180,000)

On 1/1/ 2020,Y inventory was determined to have a fair value of $190,000, and the property and equipment had a fair value of $560,000

What is the amount of goodwill resulting from the business combination?

Select one: a. 180,000 b. 50,000 c. 0 d. 150,000