Assume a parent has total assets of \(\$ 6,000,000\) and a subsidiary incorporated by the parent company has total assets of \(\$ 4,000,000\). If the parent owns \(100 \%\) of the subsidiary's common shares, what amount of assets will be reported on the consolidated statement of financial position? Assume the inventment in the subsidiary is showing on the parent company books is \(\$ 2,000,000\).

a. \(\$ 0\), consolidation is not necessary

b. \(\$ 6,000,000\)

c. \(\$ 8,000,000\)

d. \(\$ 10,000,000\)