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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book

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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp, are not actively traded. What amount of goodwill should be attributed to Perch at the date of acquisitson? ?$250,000. O $150,000. O $170,000. O so. $120,000

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