I feel that I am missing an important piece of information. I cannot for the life of me figure out the answer. I have a similar problem in my Connect homework so I know what the correct answer is, I just don't know why!

SLUU, d. S510.000 Problems 20 and 21 are based on the following information. The separate condensed balance sheets of Patrick Corporation and its wholly-owned subsidiary, Scan Corporation, are as follows: BALANCE SHEETS December 31, 2020 Patrick Sean $ 60.000 25,000 50,000 280,000 Cash Accounts receivable (net) Inventories Plant and equipment (net) Investment in Sean Total assets Accounts payable Long-term debt Common stock ($10 par) Additional paid-in capital Retained earnings Total liabilities and shareholders' equity $ 80.000 140,000 90,000 625.000 460,000 $1,395,000 $ 160,000 110,000 340,000 $415,000 $ 95,000 30,000 50.000 10.000 230,000 $415.000 785.000 $1,395,000 Additional Information: On December 31, 2020, Patrick acquired 100 percent of Sean's voting stock in exchange for $460.000 At the acquisition date, the fair values of Sean's assets and liabilities equaled their carrying amounts, respectively, except that the fair value of certain items in Sean's inventory were $25.000 more than their carrying amounts. 20. In the December 31, 2020, consolidated balance sheet of Patrick and its subsidiary, what amount of total assets should be reported? a. $1.375,000 b. $1,395,000 c. $1.520,000 d. $1,980,000