Craig Company Buys 70 Percent of the Stock of Essex

Craig Company buys 70 percent of the stock of Essex Company for $182,000.Essex Company has contributed capital of $140,000 and retained earnings of $120,000.The consolidated financial statements would contain

A) goodwill but not minority interest.
B) neither minority interest nor goodwill.
C) minority interest and goodwill.
D) minority interest but not goodwill.