ABC Corporation Acquires All of the Assets and Liabilities of XYZ

ABC Corporation acquires all of the assets and liabilities of XYZ Company, at a price that is significantly higher than the fair value of the identifiable net assets acquired. Four months after the acquisition, a fire destroys some of XYZ's property.
How does ABC report this?

A) ABC will report less goodwill from the acquisition.
B) ABC will report more goodwill from the acquisition.
C) ABC will not report this event.
D) ABC will report a loss on property in income.