On 1/1/ 2020,P Co purchased 100% of the common stock of S Co. Separate balance sheet data for the companies at the acquisition date (after the acquisition) are given below:

P S

Cash 34,000 206,000

A/R 144,000 26,000

Inventory 110,000 38,000

Land 90,000 32,000

Plant assets 460,000 240,000

Investment in S 392,000

Accounts payable 206,000 142,000

Capital stock 800,000 300,000

Retained earnings 224,000 100,000

Total liabilities & equities 1,230,000 542,000

At the date of the acquisition, the book values of S co net assets were equal to the fair value except for inventory,which had a fair value of $60,000.

What amount of Inventory will be reported in consolidated balance Sheet

Select one:

a. 170,000

b. 148,000

c. 186,500

d. 169,000

B Co acquired 100% of the voting common shares of S Co,by issuing bonds with a par value and fair value of$150,000.Immediately prior to the acquisition B reported total assets of $250,000, liabilities of $140,000, and stockholders' equity of $110,000. At that date, S reported total assets of $200,000, liabilities of $125,000,and stockholders' equity of $75,000

Based on the preceding information,what amount of stockholders' equity was reported in the consolidated balance sheet immediately after acquisition?

Select one: a. 175,000 b. 110,000 c. 185,000 d. 75,000