Zeta acquired all of the share capital of Kappa on 31 December 20X3. The consideration consisted of 20,000 of its own 1 ordinary shares and 80,000 in cash. At the acquisition date, the fair value of net assets of Kappa were 80,000. The market value of each share in Zeta at that date was 3. Goodwill on consolidation using the parent company extension method is:

a. 40,000 (negative)

b. 60,000 (positive)

c. 20,000 (positive)

d. 80,000 (negative)