SB Corp. is offered 200,000 shares of EX Corp. ordinary shares in exchange for its net assets at August 30, 2020. The acquirer shares had a market value of P11 per share on that date. The balance sheet of the two companies at the date of acquisition follow:

	SB CORP	EX CORP
Total assets	1,097,500	1,733,250
Liabilities	1,097,500	383,250
Ordinary shares, par P1	800,000	25,000
Retained earnings (deficit)	(15,000)	1,325,000
Total liabilities and stockholders' equity	1,097,500	1,733,250

The goodwill (income from acquisition) resulting from the business combination would be

Group of answer choices

(175,000)

550,000

850,000

650,000