Cass Ltd purchased 80% of the capital of Logic Ltd for $280000 on 1 July 2014. At that date, the equity of Logic Ltd was: At this date, Logic Ltd had not recorded any goodwill, and all identifiable assets and liabilitie The plant has a remaining useful life of 5 years. Half of the inventory on hand at 1 July 2014 was sold by 30 June 2015. Differences between carrying amounts and fair values are recognised on consolidation. The tax rate is 30%. Assume Cass Ltd uses the partial goodwill method. Compute goodwill assigned to Cass Ltd (parent). Select one: A. $56,400 B. $54,400 C. $21,400 D. $35,000