Acquiring net assets that constitute a business

Assume that on January 1, 2016 an investor company paid $1,050 to an investee company in exchange for the following assets and liabilities transferred from the investee company:

Asset (Liability)	Estimated Fair Value
Production equipment	$300
Factory	500
Licenses	350
Accrued liability	(150)

In addition, assume that the investor paid an additional $50 of transaction costs to a third party. The fair values are measured in accordance with FASB ASC 820: Fair Value Measurement.

Assume the net assets transferred from the investee qualify as a business, as that term is defined in FASB ASC Master Glossary. At what amount will Goodwill be reported in the financial statements of the acquiring company on January 1, 2016?

Select one:

A. $50

B. $100

C. $(50)

D. $0