7 On 1/1/2019,X Co acquired 100% of the common stock of Y Co. At the time, held Furniture with historical cost of $60,000, accumulated depreciation $10,000 and a fair value of $130,000; Y held Furniture with historical cost of $25,000 ,accumulated depreciation $5,000 and fair value of $30,000. at what amount would net book value of furniture be reported in X Co balance sheet prepared immediately after the merger ? of estion Select one: a. 75,000 b. 80,000 c. 90,000 d. 85,000