*I know the answer is $280,000 but can you please show computations for that answer.

Mercury Corporation acquired 100 percent of the stock of Jupiter Company when the book value of Jupiter's net assets was $250,000. The fair value of Jupiter's net assets was $280,000 on the acquisition date. 27) Based on the preceding information, what amount will be recorded by Mercury as its investment in Jupiter if it paid $275,000 for the acquisition? A) $250,000 B) $275,000 C) $280,000 D) $300,000