Babel Corporation Acquired All Outstanding Shares of Connor Ltd Mindy Will Recognize Goodwill of
A) $ 0

Babel Corporation acquired all outstanding shares of Connor Ltd. for $ 2.1 million. Selected information relating to Connor was as follows: $$\begin{array} { l l } \text { Fair value of identifiable net assets: } & \$ 2.0 \text { million } \\\text { Book value of identifiable net ascets: } & \$ 1.6 \text { million } \\\text { Cash balance: } & \$ 0.1 \text { million }\end{array}$$ Mindy will recognize goodwill of

A) $ 0.1 million.
B) $ 1.1 million.
C) $ 2.1 million.
D) $ 1.5 million.