On December 31, 20X1, Par Inc and Sub Corp reported current assets of $75,999 and $12,673 respectively on their balance sheets. Immediately following the reporting, Par Inc purchased all of Sub Corp's Common Shares on January 1, 20X2, for $50,673 in cash. On the acquisition date, Sub's current assets had a fair value of $32,923. The fair value of the remaining identifiable net assets was $13,932. The Common Shares accounts of Par and Sub were $88,929 and $12,131, respectively, immediately before the acquisition. The Retained Earnings accounts of Par and Sub were $10,133 and $10,983, respectively, immediately before the acquisition. (There were no other equity accounts.) What should be the reported consolidated total equity of the combined entity immediately after the acquisition?

a.

$99,062

b.

$104,015

c.

$108,968

d.

$101,539

e.

$106,492