KPW is based in K-land where the currency is the K$. The company prepares its group financial statements to a 31 December year-end. KPW acquired 90% ordinary shares of another company, ETR, on 1 January 20X1 for K$940,000. At that date, the fair value of KPW's net assets was K$870,000 and KPW elected to measure the non-controlling interest in ETR at its fair value of K$90,000. An impairment review at 31 December 20X4 revealed that the goodwill in ETR was impaired by K$50,000. What is the goodwill in ETR that should be recognised in the consolidated statement of financial position of the KPW group as at 31 December 20X4? Solution A.K$107,000 B.K$110,000 C.K$157,000 D.K$160,000