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B Corporation acquired 100% of C Corporation's outstanding capital stock for $430,000 cash. Immediately before the purchase, the balance sheets of both corporations reported the

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B Corporation acquired 100% of C Corporation's outstanding capital stock for $430,000 cash. Immediately before the purchase, the balance sheets of both corporations reported the following: C Assets $2,000,000 $750,000 Liabilities $750,000 $400,000 Common Stock 1,000,000 310,000 Retained Earnings 250,000 40.000 At the date of purchase, the fair value of C assets was $50,000 more than the book value. In the consolidated balance sheet prepared immediately after the purchase, the consolidated stockholders' equity should amount to Select one: 2. 1.650.000 b. 1,680,000 c. 1.600.000 d. 1,250,000

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