On March 1, 2023, Forrest Inc. issued 50,000 voting common shares in return for all the common shares of Mountain Corporation. At that time, Forrest's shares were trading at $19 per share. After the transaction, the original shareholder group of Forrest retained control. Below is information related to Mountain Corporation: Fair value Cash Accounts receivable Inventory Property, plant, and equipment (net) Total as sets Current liabilities Long-term debt Common shares Retained earnings $275,000 $105,000 $265,000 Carrying value $ 75,000 150,000 275,000 650,000 $1,150,000 $115,000 $ Total liabilities and shareholders' equity $1,150,000 What amount of goodwill would be recorded in the consolidated statement of financial position as a result of this acquisition? 115,000 275,000 150,000 610,000 $ 75,000 125,000 31 5,000 550,000 $1,065,000 $ 115,000 275,000

On March 1, 2023, Forrest linc. issued 50,000 voting common shares in retum for all the common shares of Mountain Corp oration. As that time, Forrest's shares were tra ding at $19 per share. After the transaction, the original shareholder group of Forrest retaned control. Below is information related to Mountan Corporation: What amount of goodurll would be recorde din the consolidited statement of financial position as a result of this acquisition? $275,000 $105,000 $265,000 $115,000