Company XYZ purchased 100% of the outstanding common stock of Company ABC for $800,000 cash. The FMV of the net assets of Company ABC was $300,000, and the BV of the net assets of Company ABC was $200,000. When Company XYZ performs an initial consolidation, the remaining consolidated balance in "Investment in Company B" post-consolidation will be:

Question 8 options:

a)

$300,000

b)

$800,000

c)

$0

d)

$500,000