4 Durer Inc. acquired Sea Corporation in a business combination and Sea Corp went out of existence. Sea Corp developed a patent listed as an asset on Sea Corp's books at the patent office filing cost. In recording the combination, out of 20 question Select one: O a fair value is not assigned to the patent because the research and development costs have been expensed by Sea Corp. O b. Sea Corp's prior expenses to develop the patent are recorded as an asset by Duter at purchase the patent is recorded as an asset at fair market value. Od the patent's market value increases goodwill 5 The balance sheets of Parent and Sub Corporations at year-end 20X0 are summarized as follows: Parent Sub Assets $4,700 $2,000 Liabilities 1,500 500 Capital stock 2,000 1,000 Retained Earnings 1,200 500 ag Questo On January 1, 20x1 Parent purchased 100% of Sub Corporation's outstanding shares for cash of $2.000 when the fair value of Sub's et assets was $2.200. If a consolidated balance sheet is prepared immediately after the business combination, the consolidated stockholders equity will be Select one O2 53.400 Ob 54 700 O c5 6.000 Od: 53.200