REFERENCE: Ref.03_06 Kaye Company Acquired 100% of Fiore Company on January 1,2009.Kaye

REFERENCE: Ref.03_06
Kaye Company acquired 100% of Fiore Company on January 1,2009.Kaye paid $1,000 excess consideration over book value which is being amortized at $20 per year.Fiore reported net income of $400 in 2009 and paid dividends of $100.
-Hoyt Corporation agreed to the following terms in order to acquire the net assets of Brown Company on January 1,2009:
(1) ) To issue 400 shares of common stock ($10 par) with a fair value of $45 per share.
(2) ) To assume Brown's liabilities which have a fair value of $1,500.
On the date of acquisition,the consideration transferred for Hoyt's acquisition of Brown would be

A) $18,000.
B) $16,500.
C) $20,000.
D) $18,500.
E) $19,500.