On January 1, Year 1, Papa Inc. acquired 80% of the outstanding voting shares of Sonny Inc. for total consideration of $1,200,000. On this date, Sonny reported total assets of $1,800,000 and total liabilities of $800,000. All assets and liabilities had FVs equal to carrying values except for the following: - Inventory - Carrying value of $150,000 but the fair value is $170,000; and - Patent - Carrying value of $130,000 but the fair value is $150,000 The patent had a remaining useful life of 10 years as of the date of acquisition. On December 31 , Year 3, Papa and Sonny reported $200,000 and $150,000, respectively, for patent on the separateentity financial statements. What amount would be reported for patent on the consolidated financial statements as at December 31, Year 3 ? a. $368,000 b. $364,000 c. $336,000 d. $350,000