On December 31, Year 1, Starlight Enterprises acquired a 90% ownership interest in Lunar Importers by purchasing 90,000 of Lunar's 100,000 voting common shares outstanding for $900,000 cash. Additional information regarding Lunar as of December 31, Year 1, follows: Book Value Fair Value Net assets $ 600,000 $ 800,000 Under U.S. GAAP, the consolidated balance sheet of Starlight Enterprises and subsidiary would report goodwill in the amount of: o $200,000 $280,000 o $400,000 $460,000