Davis acquires 100% of Reynolds in an acquisition. At date of acquisition, Reynolds had in process research and development costs they had spent $300, 000 for 3 years ago and is now recorded on its books at $100, 000 This R and D has not yet reached technological feasibility and no alternative use has been identified. At acquisition date, Reynolds continues to work on this project and the fair value is considered to be $200, 000. How much will Davis recorded this for at acquisition date using the: a. Acquisition method b. Purchase method c. Pooling of interests method d. Do either of answers a, b, c above differ is this transaction was structured as either a statutory merger or statutory consolidation