30.20 Tinsel Co has 5 million $1 issued ordinary shares. At 1 May 20X0 Fairy Co purchased 60% of Tinsel Co's $1 ordinary shares for $4,000,000. At that date Tinsel Co had net assets with a fair value of $4,750,000 and a share price of $1.10. Fairy Co valued the non-controlling interest in Tinsel Co at acquisition as $2,200,000. What is the total goodwill on acquisition at 1 May 20X0? O $1,150,000 I $1,750,000 O $ 750,000 O $1,450,000 (2 marks)