27. On 1 January 20x2 Big Co. purchased 100% of the equity shares in Small Co. for 2,000,000. At the date fair value of the identifiable net assets were as follows: 000 Plant and equipment 1,300 Inventory 425 Trade receivables 100 Trade payables and loans 500 The tax base of above assets and liabilities was equl to their fair value. Small Co. disclosed a contingent liability with fair value of 150,000 in its financial statements, liability was contingent as it was probable that the outflow of resources would occur. Tax revenue will be given on the 150,000 as and when it is paid. The tax rate is 30%. (28)What is the amount of recognized goodwill at 1 January 20x2? a) (220,000) b) 675,000 c) 780,000 d) 0