FASB ASC 805 "Business Combinations provides principles for allocating the fair value of an acquired business. When the collective fair values of the separately identified assets acquired and liabilities assumed exceed the fair value of the consideration transferred, the difference should be A Treated as goodwill and tested for impairment on an annual basis B. Applied pro rata to reduce, but not below zero, the amounts initially assigned to specific noncurrent assets of the acquired company C. Treated as negative goodwill to be amortized over the period benefitted Recognized as an ordinary gain from a bargain purchase