Gigo Company acquires all of the voting stock of Hanna Corporation for $100,000,000 on January 1, 2019, in a merger. Hannas January 1, 2019 book value is $10,000,000. Its plant and equipment is overvalued by $8,000,000 and it has unreported intangibles with a fair value of $25,000,000.

How much goodwill is reported for this acquisition?

a. $73,000,000

b. $60,000,000

c. $57,000,000

d. $83,000,000