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Pursuing an inorganic growth strategy, Wilson Company acquired Venus Company's net assets and assigned them to fourseparate reporting divisions. Wilson assigned total goodwill of $

Pursuing an inorganic growth strategy, Wilson Company acquired Venus Company's net assets and assigned them to fourseparate reporting divisions. Wilson assigned total goodwill of $134,000 to the four reporting divisions as given below:Gammane traAlpha300,000$ 200,000Beta$ 320,000$370.60030,00020,00034,50,000280,000Carrying valueGoodwill included in carrying value value of net identifiable assets at year-endFair value of reporting unit at year-end390,000150,000300,000180,000350,000360,000295,000ed on the preceding information, what amount of goodwill will be reported for Beta at year-end?Multiple Choice$50,000$14,000$0$34,000

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