! Required information 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 noncontrolling interest shares of Float Corp. are not actively traded. What is the total amount of goodwill recognized at the date of acquisition? Multiple Choice $150,000 $250,000. $0. O $120,000. O $170,000