Mary Limited acquired the identifiable assets and liabilities of Joan Limited for $530 000. The items acquired, stated at fair value, are:

equipment $296 000;

inventories $160 000;

accounts receivable $104 000;

patents $60 000;

accounts payable $80 000.

The difference on acquisition is:

		goodwill of $10 000
		goodwill of $170 000
		gain on bargain purchase $10 000
		gain on bargain purchase $170 000