Philip acquired 85% of the share capital of Stanley on 1/10/20X1 for $500,000. The profit for the year ended 31/12/20X1 for Stanley was $36,000. Profits are deemed to accrue evenly over the year. At 31/12/20X1 the following extracts of the statement of financial position for Stanley has been provided: Equity share capital $200,000 Retained earnings $180,000 Non-controlling interest is valued using the fair value method. The fair value of non-controlling interest at 1/10/20X1 was $30,000. What is the goodwill on acquisition? a. $150,000 b. $177,000 c. $159,000 d. $184,650