On 1 July 2018 Barry Ltd acquired 25% of the ordinary issued share capital of Charlie Ltd for $300 000. This investment gave rise to significant influence. The share capital and reserves of Charlie Ltd at 1 July 2018 were: Share capital $500 000 General reserve 200 000 Retained earnings 384 000 $1 084 000 All the identifiable net assets of Charlie Ltd were stated at fair value at the date of acquisition except for equipment whose carrying value was $30 000 less than the fair value. The tax rate is 30%. Goodwill arising on Barry's acquisition of Charlie was: Select one: O a. $21 500 O b. $29 000 O c. $23 750 O d. $25 000