Dawlish plc acquires 75% of the share capital of Tiverton Ltd on 1 December 20X1. The consideration given is 1 million in cash and 300,000 E1 ordinary shares of Dewlish pic. The market value of each of Dawlish pic's shares on 1 December is 3.00. On 1 December the fair value of Tiverton Ltd's net assets is 1 million. In accordance with IFRS 3 (revised) Business Combinations, what is the amount of goodwill acquired in the business combination to be dealt with in Dawlish ple's consolidated accounts? Select one 550,000 Ob.1.150,000 c. 900,000 4. E425,000 E300,000