n 18 on 1/1/2019 X CO acquired 80% of Y common stock for $150,000 in the same day the y net assets was $ 140,000 in the same date the fair value of assets and liabilities were equal .year ended 31/12/2019 y reported income $50,000 , declared dividend $30,000 , X using equity methods what is good will balance on 1/1/2019 d but of Select one: question a. 50,000 b. 47,500 c. 10,000 d. 37,500 19 Top Corporation acquired 100 % of Sun Corporation's common stock on December 31,2019. Balance sheet data for the two companies immediately following the acquisition TOP SUN ut of Cash $ 49,000 $ 30,000 Accounts Receivable 110,000 45,000 question Inventory 130,000 70,000 Land 80,000 25,000 Buildings & Equipment 277,000 235,000 Investment in Sun Corporation 198,000 Total Assets $844,000 $405,000 Accounts Payable $ 61,500 $ 28,000 Taxes Payable 95,000 37,000 Bonds Payable 280,000 200,000 Common Stock 150,000 50,000 Retained Earnings 257,500 90,000 Total $844,000 $405,000 At the date of the business combination, the book values of Sun's net assets and liabilities approximated fair value except for inventory, which had a fair value$ 85,000 and land, which had a fair value of $45,000 . the total inventory that should appear in the consolidated balance sheet prepared immediately after the business combination? Select one: a. 215,000 b. 185,000 0 c. 200,000 d. 130,000