13 on 1/1/2019 X CO acquired 80% of Y common stock for $150,000 in the same day the y net assets was $ 140,000 ,in the same date the fair value of assets and liabilities were equal .year ended 31/12/2019 y reported income $50,000 ,declared dividend $30,000 ,X using equity methods what is good will balance on 1/1/2019

Select one: a. 37,500 b. 50,000 c. 47,500 d. 10,000