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Breakspear Co purchased 600,00

Breakspear Co purchased 600,000 of the voting equity shares of Fleet Co when the value of the noncontrolling interest in Fleet Co is $150,000 The following information relates to Fleet at the acquisition date At acquisition $!000 Share capital, $0.5 500 ordinary shares 150 Retained earnings 50 Revaluation surplus 700 The goodwill arising on acquisition is $70,000. What was the consideration paid by Breakspear Co for the investment in Fleet Co?
A、$420,000
B、$770,000
C、$620,000
D、$570,000



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