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. Fair Value Current assets Property, net Liabilities Capital stock Book Value Dr (Cr) Dr (Cr) $1,000,000 $650,000 $9,000,000 (35,000,000) $(36,000,000) 40,000,000 (10,000,000) Retained earnings (15,000,000) Total 50 Ornex has no previously unrecorded identifiable intangibles. On the consolidation working paper, eliminating entry (E) Select one: a. debits goodwill by $55,350,000 O b. debits capital stock by 10,000,000 c. debits current assets by $350,000 Od credits Investment in Ornex by $35,000,000