On December 31, 20X1, Par Inc has fixed assets with a cost of $172,023 and accumulated depreciation of $103,214, while Sub Corp has fixed assets with a cost of $123,855 and accumulated depreciation of $55,049. Sub's fixed assets have a fair value of $137,619 on the same date. If Par acquires 100% of Sub on January 1, 20X2, and prepares a consolidated balance sheet on that date, what should be net carrying value of the fixed assets reported for the combined entity? a. $201,267 b. $190,946 c. $196,107 d. $211,589 e. $206,428