Halwell Motor Company acquires all of the stock of Ornex Auto Services for $60,000,000 in cash. The books of Ornex report the following account balances at the date of acquisition (in trial balance format). Date-of-acquisition fair values are also displayed. Ornex has no previously unrecorded identifiable intangibles. On the consolidation working paper, eliminating entry (E) Select one: a. debits goodwill by $55,350,000 b. debits capital stock by 10,000,000 c. debits current assets by $350,000 d. credits Investment in Ornex by $35,000,000 Halwell Motor Company acquires all of the stock of Ornex Auto Services for $60,000,000 in cash. The books of Ornex report the following account balances at the date of acquisition (in trial balance format). Date-of-acquisition fair values are also displayed. Ornex has no previously unrecorded identifiable intangibles. On the consolidation working paper, eliminating entry (R) Select one: a. debits goodwill by $55,350,000 b. debits capital stock by $10,000,000 c. debits current assets by $350,000 d. credits Investment in Ornex by $25,000,000