17 On June 1, 2014, P Company acquired 100% of the stock of s Ing. On this date, p had Retained Earnings of $100,000 and S had Retained Earnings of $50,000. On December 31, 2014, P had Retained Earnings of $120,000 and S had Retained Earnings of $60,000. The amount of Retained Earnings that appeared in the December 31, 2014 consolidated balance sheet was ut of Select one: a. 130,000 question b. 170,000 C. 180,000 d. 120,000 8 Dividends declared by a subsidiary subsequent to the date of a business combination are displayed in a consolidated statement of retained earnings of Select one: True tion False