Huey Company acquires $100\%$ of the stock of Solar Corporation on January $1,2019,$ for $$2,400,000$ cash. As of that date Solar had the following account balances:

What was the amount of excess of acquisition price over book value of Solar's net assets?

Select one:

A$.$ $$250,000$

B$.$ $$570,000$

C$.$ $$870,000$

D$.$ $$1,120,000$