22) Which of the following statements is true regarding the acquisition method of accounting for a business combination? A) Any goodwill associated with the acquisition is reported as a development cost. B) Net assets of the acquired company are reported at their fair values. C) Indirect costs of the combination reduce additional paid-in capital. D) The acquisition can only be effected by a mutual exchange of voting common stock. E) Net assets of the acquired company are reported at their book values.