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34- Dodd Co. acquired 75% of the common stock of Wallace Corp. for $1,800,000. The fair value of Wallaces net assets was $2,100,000, and the

34- Dodd Co. acquired 75% of the common stock of Wallace Corp. for $1,800,000. The fair value of Wallaces net assets was $2,100,000, and the book value was $1,900,000. The noncontrolling interest shares of Wallace Corp. are not actively traded.

What amount of goodwill should be attributed to Dodd at the date of acquisition?

Group of answer choices

$225,000.

$300,000.

$0.

$75,000.

$150,000.

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