James Company Buys 100 Percent of the Outstanding Stock of Maier

James Company buys 100 percent of the outstanding stock of Maier Company for $650,000.Maier Company has contributed capital of $420,000 and retained earnings of $180,000.The fair market value of Maier's identifiable net assets was equal to their book value on the date of acquisition.The consolidated financial statements would contain

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