4. On 1 July 2019 High Ltd acquired a 100% interest in Low Ltd. At that time Low Ltd had goodwill of $6 000 recorded in its statement of financial position as a result of a previous business combination. The total goodwill arising on Highs acquisition of Low was $10 000. The goodwill to be recognised on consolidation as a result of Highs acquisition of Low is:

Select one:

$16 000

$10 000

$4 000

$6 000