B Co acquired 100% of the voting common shares of S Co,by issuing bonds with a par value and fair value of$150,000.Immediately prior to the acquisition B reported total assets of $250,000, liabilities of $140,000, and stockholders' equity of $110,000. At that date, S reported total assets of $200,000, liabilities of $125,000,and stockholders' equity of $75,000

Based on the preceding information,what amount of stockholders' equity was reported in the consolidated balance sheet immediately after acquisition?

Select one:

a. 185,000

b. 175,000

c. 110,000

d. 75,000

P Co paid $140,000 for a 70% interest in S CO. on 1/1/2019, when S had Capital Stock of $50,000 and Retained Earnings of $100,000. Fair values of net assets were the same as recorded book values. During 2019, S had income of $40,000, declared dividends of $15,000, and paid $10,000, On 31/12/ 2019, the consolidated financial statements will Show investment in S CO amount, if using equity method?

Select one:

a. 140,000

b. 165,000

c. 150,000

d. 0