Par Inc purchased all of the outstanding common shares of Sub Corp for cash of $165,183 on Jan 1, Year 1. On the date of acquisition, Sub's identifiable net assets had a carrying value of $132,145. The acquisition differential was allocated to the excess of fair value over book value as follows: inventory's fair value was higher by $13,213; Equipment's fair value was lower by $8,259; Trademarks' fair value was higher by $9,563; and Bonds Payable's fair value was higher by $3,303. Equipment, Trademarks, and Bonds Payable each had an amortizable life of ten (10) years. How much Goodwill was recorded on the date of acquisition for the consolidated company?

 a. $20,187 

b. $21,278 

c. $21,824 

d. $20,733

 e. $19,642