Company J acquired all of the outstanding common stock of Company K in exchange for cash. The acquisition price exceeds the fair value of net assets acquired. How should Company J determine the amounts to be reported for the plant and equipment and long-term debt acquired from Company K? O Plant and equipment, fair value; Long-term debt, K's carrying amount O Plant and equipment, K's carrying amount; Long-term debt, fair value O Plant and equipment, K's carrying amount; Long-term debt, K's carrying amount O Plant and equipment, fair value; Long-term debt, fair value