On December 31, Planet Company acquired 80% of the voting common stock of Star Company by issuing 100,000 shares of its own common stock (fair value $8/share). In the acquisition, Planet paid legal fees in the amount of $15,000 and paid SEC registration fees of $10,000. The book value of Star on December 31 was $700,000. Star's only balance sheet item with a fair value different from book value was a building. The building had a book value of $100,000 and a fair value of $150,000. In Planet's December 31 consolidating work paper elimination entry, what part of Star's stockholders' equity is eliminated? Only Star's retained earnings is eliminated. 80% of Star's stockholders' equity is eliminated. o Only Star's common stock and paid-in-capital are eliminated. The entire equity section of Star is eliminated