8. On any date, the balance of a parent company’s Retained Earnings of Subsidiary account attributable to a wholly owned subsidiary is equal to the:

a. Balance of the subsidiary’s Retained Earnings account.

b. Net increase in the parent’s Investment in Subsidiary Common Stock account since the date of the business combination.

c. Total net income of the subsidiary since the date of the business combination.

d. Total dividends declared by the subsidiary since the date of the business combination.