On January 1, 2019. Pop Co. acquired 75% of the outstanding common shares of Soda Inc. for $161.250 cash. On that date, Soda had common shares of $156.250 and retained earnings of $31.250. At acquisition, the Identifiable assets and liabilities of Soda had fair values that were equal to carrying amounts except for Inventory, which had fair value $8.000 greater than carrying amount and plant and equipment, which had fair values $10.000 greater than carrying amounts. The plant and equipment had a remaining useful life of 5 years on January 1, 2019. Any goodwill will be tested yearly for Impairment. Balance sheets as at December 31, 2019 are presented below. Cash Accounts receivable Inventory Land Plant & Equipment, net Investment in Soda Inc. - equity Pop Co. $ 10, eee 38,750 75,250 50,000 150,000 168,500 $492,500 $ 45,500 Soda Inc. $ 5,888 42,250 62,500 188,888 175,000 Current liabilities Bonds payable Common shares Retained earnings $ 384,750 $ 47,125 128,125 156,250 53,250 $ 384,750 338, eee 109, eee $492,5ee For 2019. Soda Inc. reported net Income of $37,000 and paid dividends of $15,000. Pop Co. reported net income for 2017 of $50.000 and paid dividends of $25,000. An Impairment test on goodwill conducted on December 31, 2019. Indicated that a $500 loss had occurred. What is the balance of plant and equipment that Pop would report on the consolidated balance sheet as at December 31, 2019? Multiple Choice S331000 $331,500 $325.000 $333,000