Psyche Company wants to acquire Trim Company. Trim's ROI has been above average for its industry; net income has averaged $70,000 a year more than the industry average. These "excess" earnings are expected to continue at this amount for 5 years. Assuming a discount rate of 8%, how much goodwill will arise from Psyches' purchase of Trim? select one: $40, 836 $88, 157 $279, 489 $350,000