On 31 December 20X4, Lifton Ltd purchased 60% of the equity shares of Bideford Ltd for 200,000. The company also incurred 5,000 professional fees in the acquisition process. Extracts of the companies financial statements at the acquisition date show the following: Lifton () Bideford () Property, plant and equipment (PPE) 100,000 80,000 Ordinary share capital of 1 each 200,000 100,000 Retained earnings 125,000 20,000 The PPE of Bideford had a fair value of 150,000 at the date of acquisition. What amount of Goodwill will be reported on the consolidated statement of financial position of Lifton Ltd as at 31 December 20X4?

A 38,000. B 86,000. C 91,000. D 128,000