If A Company acquires $80$ percent of the stock of B Company on January $1,20$X$2,$ immediately after the acquisition, which of the following is correct?

Multiple Choice

Consolidated retained earnings will be equal to the combined retained earnings of the two companies.

Goodwill will always be reported in the consolidated balance sheet.

A Company$$s additional paid$-$in capital may be reduced to permit the carryforward of B Company retained earnings.

Consolidated retained earnings and A Company retained earnings will be the same.