Question: On July 1, 20X1, Miller Inc. purchased Buster Corp. by paying $400,000 cash. On the purchase date, the balance sheet balances for Buster Corp. were as follows: Account Name Book Value Amount Cash $ 30,000 Accounts Receivables 75,000 Inventory 200,000 Equipment (net) 400,000 Accounts Payable 20,000 Salaries Payable 30,000 Notes Payable 400,000 Common Stock 55,000 Retained Earnings 200,000 Additional Information is as follows: The inventory's fair value is $240,000 The equipment's fair value is $375,000 The fair value of an unrecorded customer list is $50,000. For all other asset and liability amounts, the book value equals the fair value. Question: What amount of goodwill should Miller record when they purchase Buster Corp.? Question Select one: a. $ 135,000 b. $ 80,000 c. $ 130,000 d. $ 800,000