AUS. parent acquired its Singapore subsidiary at the beginning of 2017, for a price that is S\($10,000,000\) in excess of the subsidiary’s book value. The excess paid was attributable to goodwill, which has not been impaired in the past, but is impaired by S\($1,000,000\) in 2017. The subsidiary’s functional currency is the Singapore dollar. In 2017, the U.S. dollar has strengthened against the Singapore dollar. When doing eliminating entries (R) and (O) to consolidate the subsidiary with the parent at the end of 2017,

a. there will be a credit to OCI in elimination (R) and a debit to OCI in elimination (O).

b. there will be a debit to OCI in elimination (R) and a credit to OCI in elimination (O).

c. there will be debits to OCI in both eliminations (R) and (O).

d. there will be credits to OCI in both eliminations (R) and (O).