ABC Lid acquired a business know as XYZ Ltd for the following considerations. Consideration Carrying Fair Value TYPE Amount Cash $50,000 Land $90,000 $120,000 Shares $60,000 The Business being acquired-XYZ Ltd- had the following assets and liabilities as reported in its balance sheet at the date of acquisition Liabilities Carrying Fair value Amount Bank Loan $50,000 Creditors $30,000 Assets Carrying Fair Value Amount Plant and $150,000 $160,000 equipment Motor yechile $30,000 $25,000 How much Goodwill did ABC LTD acquire? a. $130,000 b. $35,000 C. $40,000 d. $125,000