On 1 January 2022, Wacken Limited acquired all the issued shares in Latitude Limited. At that date, the land of Latitude Limited had a fair value of $30 000 less than its carrying amount in Latitude Limited's financial statements. It was sold for $150,000 cash and Latitude Limited will record again on sale of $50,000. The land was sold to external parties on 31 December 2023. The tax rate is 30%. The business combination valuation entries in relation to Latitude Limited's sale of land for the year ending 30 June 2024 will include: O a. Dr Gain on Sale $ 30,000 $ 9000 Cr Income Tax Expense Cr Transfer from BCVR $ 21,000 O b. None of the other options O c. Dr Gain on Sale $ 50,000 $ 15,000 Cr Income Tax Expense Cr Transfer from BCVR $ 35,000 O d. $ 30,000 Dr Loss on Sale Cr Income Tax Expense Cr Transfer from BCVR $ 9000 $ 21,000 Oe. Dr Cash $ 150,000 Cr Land $ 100,000 $ 50,000 Cr Gain on Sale