Northern purchased the entire business of Southern for $600,000 in cash on December 31, 2021. Below is information related to the two companies at that date: Northern Southern Fair value of assets $1,050,000 $800,000 Fair value of liabilities 575,000 300,000 Book value of assets 800,000 650,000 Book value of liabilities 500,000 250,000 Net Income for the year] 60,000 50,000 How much goodwill did Northern record as a result of acquiring Southern? O $200,000. O $100,000. O $300,000. O $125,000