8. Starbucks, Inc. acquired 100% of the assets of Target Corporation for $75,000,000 on 12/31/19. At the date of the acquisition, Target had book value of net assets of $53,000,000 and fair value of net assets of $88,000,000. The entire difference between book and fair values was due to $35,000,000 of value assigned to intangible assets for which zero was recorded on Targets historical basis financial statements. There were no other non-monetary assets and no other book value-fair value differences. The goodwill initially recorded by Starbucks on the balance sheet from the Target acquisition should be:

A.	Zero
B.	($13,000,000)
C.	$13,000,000
D.	$35,000,000
E.	None of the above