16. P Company purchased the net assets of S Company for $225,000. On the date of P's purchase, S Company had no investments in marketable securities and $30,000 (book and fair value) of liabilities. The fair values of S Company's assets, when acquired, were Current assets $ 120,000 Noncurrent assets 180,000 Total $300,000 How should the $45,000 difference between the fair value of the net assets acquired ($270,000) and the consideration paid ($225,000) be accounted for by P Company? a. The noncurrent assets should be recorded at $ 135,000. b. The $45,000 difference should be credited to retained earnings. c. The current assets should be recorded at $102,000, and the noncurrent assets should be recorded at $153,000. d. An ordinary gain of $45,000 should be recorded