zeke Ltd. (Zeke) contributed a patent to VE Company (VE) on January 1, 2023. VE is a business and is deemed to be a special-purpose entity (SPE). The fair value of VE's net identifiable assets (not including the patent) are $75,000. Zeke is the primary beneficiary. The patent has a carrying value of $10,000 on Zeke's separate-entity balance sheet and a fair value of $40,000. The fair value of the noncontrolling interest on January 1, 2023 is $30,000.

What is the total value of the consideration given to VE?

Multiple Choice

$40,000

$105,000

$75,000

$70,000