Buyer Limited acquired net assets of Seller Inc. This transaction resulted a negative goodwill. How would Buyer Limited reported the negative goodwill? Question $13$ Select one: a$.$ None $-$ since the Buyer would be recording the net asset based on the purchase price. b$.$ It would be reported as a liability on the Statement of Financial Position. c$.$ It would be reported as gain on purchase on the Statement of Income. d$.$ It would be reported as an asset on the Statement of Financial Position.