The condensed separate and consolidated balance sheets of Alpha Corporation and its subsidiary, Bita Company, on the date of their business combination, includes plant assets of Alpha $500,000, plant assets of Bita $235,000 and plant assets consolidated $750,000. The fair value of Bita plant assets is:

a.

$250,000.

b.

$235,000.

c.

$565,000.

d.

$500,000.

On March 31, 2020, United Corporation acquired for $950,000 cash all the outstanding common stock of National Company when Nationals balance sheet showed net assets of $900,000. Out-of-pocket costs of the business combination may be disregarded. The current fair values of assets and liabilities of National were equal to their carrying amounts except for plant assets which was less than carrying amount by $ 210,000.The amount of goodwill is:

a.

$ 210,000.

b.

$ 160,000.

c.

$ 260,000.

d.

$ 50,000.