Use the following facts for Multiple Choice problems 24 through 27 (each question is independent of the others): Assume on January 1, 2019 an investor company paid $1,980 to an investee company in exchange for the following assets and liabilities transferred from the investee company: Asset (Liability) Production equipment .... Factory .. Licenses. Estimated Fair Value $500 800 700 In addition, the investor provided to the seller contingent consideration with a fair value of $200 and the investor paid an additional $80 of transaction costs to an unaffiliated third party. The contingent consideration is not a derivative financial instrument. The fair values are measured in accordance with FASB ASC 820: Fair Value Measurement. 01 27. Acquiring net assets that constitute a business Assume the net assets transferred from the investee qualify as a business," as that term is defined in FASB ASC Master Glossary. At what amount will Goodwill be reported in the financial statements of the acquiring company on January 1, 2019? a. $ 0 b. $ 20 $ 60 d. $180 C