On January 1, 20X1, Par Inc acquires 83.85% of Sub Corp for $195,009 in cash. Immediately before the acquisition, the book value of Sub's identifiable net assets was $132,166 with a fair value of $148,416, while the book value of Par's net assets was $260,003. What will be the amount of total shareholders' equity on the consolidated balance sheet immediately after the acquisition if the identifiable-net-assets (INA) method is used?

a. $305,270 b. $291,071 c. $298,171 d. $312,369 e. $283,972