Abstract corp. acquires Bart corp. in a transaction that is properly accounted for as a business acquisition. The acquisition contract and Bart's share-based compensation agreement require Abstract corp. stock to be exchanged for Bart common stock issued to Bart's employees as share-based payments. No further service is required by the employees of Bart corp. to qualify for the replacement awards. How should Abstract account for the shares of stock issued as a replacement awards to employees of Bart corp.? a. As an extraordinary loss in the period. b. As a loss in the current period. c. As a cost of acquisition. d. As an expense in the current period