40 . The financial statements for Goodwin , Inc ., and Corr Company for the year ended December 31, 20X1 prior to Goodwin's acquisition business combination transaction regarding Com , follow (in thousands ): Goodwin Corr Revenues $2,700 $600 Expenses 1,980 400 Net income $ 720 $200 Retained earnings 1/1 $2.400 $400 Net income 720 200 Dividends (270) (0) Retained earnings, 12/31 $2.850 $600 Cash $ 240 $ 220 Receivables and inventory 1,200 340 Buildings (net) 2.700 600 Equipment (net) 2.100 1.200 Total assets $6.240 $2.360 Liabilities $1.500 $ 820 Common stock 1.080 400 Additional paid-in capital 810 540 Retained earnings 2.850 600 Total liabilities & stockholders equity $6.240 $2,360 On December 31, 20X1 , Goodwin issued $600 in debt and 30 shares of its $10 par value common stock to the owners of Corr to acquire all of the outstanding shares of that company . Goodwin shares had a fair value of $40 per share Goodwin paid $25 to a broker for arranging the transaction . Goodwin paid $35 in stock issuance costs . Corr's equipment was actually worth $1,400 but its buildings were only valued at $560 . Compute the goodwill arising from this acquisition at December 31 , 20X1 A. $0. B. $100. C. $125 D. $160 . E. $45