7. In a working paper elimination (in journal entry format) for the consolidated balance sheet of a parent company and its wholly owned subsidiary on the date of a business combination, the subtotal of the debits to the subsidiary’s stockholders’ equity accounts equals the:

a. Current fair value of the subsidiary’s identifiable net assets.

b. Current fair value of the subsidiary’s total net assets, including goodwill.

c. Balance of the parent company’s investment ledger account.

d. Carrying amount of the subsidiary’s identifiable net assets.