Blue Sky Company's 12/31/08 Balance Sheet Reports Assets of $5,000,000

Blue Sky Company's 12/31/08 balance sheet reports assets of $5,000,000 and liabilities of $2,000,000.All of Blue Sky's assets' book values approximate their fair value, except for land, which has a fair value that is $300,000 greater than its book value.On 12/31/08, Horace Wimp Corporation paid $5,100,000 to acquire Blue Sky.What amount of goodwill should Horace Wimp record as a result of this purchase?

A) $ -0-
B) $100,000
C) $1,800,000
D) $2,100,000