If the cost of a business combination is less than the acquired interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquiree: a. a gain on bargain purchase results b. goodwill has been purchased and must be recognised c. the difference is treated as a special equity reserve in the acquirer's accounting records d. the difference is treated as a loss and immediately charged to profit or loss of the period in which the business combination occurred e. none of the above