n9 On December 31, 2008, Mercury Corporation acquired 100% ownership of Saturn Corporation. On that date, Saturn reported assets and liabilities with book values of $300,000 and $100,000, respectively, common stock outstanding of $50,000, and retained earnings of $150,000. The book values and fair values of Saturn's assets and liabilities were equal except for land which had Increased in value by $5,000 and inventories which had decreased by $10,000 Based on the preceding information, what amount of goodwill balance immediately after the business combination, if the acquisition price was $240,000? out of Questo Select one: a. 40,000 b. 45,000 c. 35,000 d. 30,000