Lake Incorporated purchased all of the outstanding stock of Huron Company paying $950,000 cash. Lake assumed all of the liabilities of Huron. Book values and fair values of acquired assets and liabilities were: Book Value Fair Value Current assets (net) $ 130,000 $ 125,000 Property, plant, equip. (net) 600,000 750,000 Liabilities 150,000 175,000 Lake would record goodwill, if any, of: Arial, 3 (121) T