On January 1, 2023, P Company acquired 75% of the stock of S Company for $180,000. Immediately after the acquisition of shares, S Company's book value of the stockholder's equity section includes the following: Common Stock $100,000; Other Contributed Capital $50,000; Retained Earnings $40,000; Treasury Stock $10,000. What is the difference between implied value and book value? A. Implied value is greater than book value for $40,000. B. Implied value is less than book value for $40,000. C. Implied value is greater than book value for $60,000. D. Implied value is less than book value for $60,000.