3. When the fair values of an acquired subsidiary’s assets and liabilities are recorded in the subsidiary’s accounts

(push-down accounting), the subsidiary’s retained earnings will be:

a Adjusted for the difference between the push-down capital and goodwill from the acquisition b Credited for the amount of the push-down capital c Transferred in its entirety to push-down capital d Credited for the difference between the total imputed value of the entity and the purchase price of the interest acquired