In a mid-year purchase when the subsidiary's books are not closed until the end of the year, the consolidated net income contains the parent's share of the

a.

dividends received from the subsidiary during the period of ownership.

b.

subsidiary's income earned from the beginning of the year to the date of acquisition.

c.

subsidiary's income earned from the date of acquisition to the end of the year.

d.

subsidiary's income earned for the entire year.