On December 31, 2018, A Company acquired controlling ownership of B Company. A consolidated balance sheet was prepared immediately. Partial balance sheet data for the two companies and the consolidated entity at that date follow:

1. A Company and B Company
2. BalanceSheet Data
3. December 31, 2018
5. ABConsolidated

CompanyCompanyEntity

Cash$56,000$21,000$77,000

AccountsReceivable35,000?54,600

Inventory42,00035,00080,500

Buildings andEquipment140,00098,000255,500

Less: AccumDepreciation(35,000)(19,600)(54,600)

Investment in B CoStock?

Goodwill10,500

TotalAssets$324,800$161,000$423,500

1. AccountsPayable$42,000$22,400$57,400
2. WagesPayable??54,600
3. NotesPayable70,00042,000112,000
4. CommonStock70,00035,000?
5. Retained Earnings107,80042,000?
6. NoncontrollingInterest21,700
7. Total Liabilities andEquities?$161,000$423,500

During 2018, A Company provided consulting services to B Company and has not yet paid for them. There were no other receivables or payables between the companies at December 31, 2018.

Based on the information given, what percentage of B Company's shares were acquired by A Company?

A.60 percent

B.75 percent

C.80 percent

D.100 percent