Rif Co. purchased 100% of Raf Co.s outstanding common stock on December 31, 2019 for $250,000. Information about Raf Company as 12/31/2019 is as follows:

Raf Company	Book Value	Fair Value
Assets	$500,000	$625,000
Liabilities	$400,000	$400,000
Equity	$100,000	N/A

What amount of goodwill was recorded by Rif as a result of the purchase of Raf stock?

Group of answer choices

50,000

25,000

100,00

0