On 1/1/2018,PCo acquired 75% of KCo stock at an amount equal to its book value Selected balance sheet data at 31/12/2018, are as follows: P K 420,000 Total Assets 180,000 120,000 Liabilities 60,000 100,000 Common Stock 50,000 Retained Earnings 200,000 70,000 In consolidated balance sheet at 31/12/2018,what amount should P CO report as Retained Earnings ? Select one: a. 200,000 b. 270,000 c. 157,500 d. 175,000