Babel Corporation acquired all outstanding shares of Connor Ltd. for $2.1 million. Selected information relating to Connor was as follows:

Fair value of identifiable net assets:$2.0 millionBook value of identifiable net assets:$1.6 millionCash balance:$0.1 million

Mindy will recognize goodwill of

$0.1 million.

$1.1 million.

$2.1 million.

$1.5 million.