5 Top Corporation acquired 100 % of Sun Corporation's common stock on December 31,2019. Balance sheet data for the two companies immediately following the acquisition SUN TOP $ 49,000 $ 30,000 of Cash 110,000 45,000 Accounts Receivable 70,000 stion 130,000 Inventory 25,000 80,000 Land 235,000 277,000 Buildings & Equipment Investment in Sun Corporation 198,000 $405,000 Total Assets $844,000 $ 28,000 Accounts Payable $ 61,500 37,000 95,000 Taxes Payable Bonds Payable 200,000 280,000 50,000 150,000 Common Stock 90,000 257,500 Retained Earnings $405,000 $844,000 Total At the date of the business combination, the book values of Sun's net assets and liabilities approximated fair value except for inventory, which had a fair value$ 85,000 and land, which had a fair value of $45,000 . indicate the total consolidated retained earning that should appear in the consolidated balance sheet prepared immediately after the business combination? Select one: a. 347,500 b. 547,500 c. 257,500 d. 397,500