On June 1, 2014, P Company acquired 100% of the stock of S Inc. On this date, p had Retained Earnings of $100,000 and S had Retained Earnings of $50,000. On December 31, 2014, P had Retained Earnings of $120,000 and Shad Retained Earnings of $60,000. The amount of Retained Earnings that appeared in the December 31, 2014 consolidated balance sheet was Select one: a. 180,000 b. 170,000 c. 120,000 d. 130,000