On 1/1/2019 ) Co acquired 75% of M Co outstanding common stock for cash The fair value of the non controlling interest was equal to proportionate share of the book value of M Co net assets at the date of acquisition. Selected balance sheet data at January, 1 2019, are as follows 3 M total assets 252,000 108,000 liabilities 74,000 36,000 common stock 60,000 30,000 retained earning 120,000 42,000 Based on the preceding information, what amount will Company report as common stock outstanding in its consolidated balance sheet at 1/1/ 2019? Select one: a. 123,000 b. 78,000 C. 60,000 d. 90,000