Onsight Industries acquires all of the stock of Porter Machinery for $30,000,000 in cash. The books of Porter report the following account balances at the date of acquisition (in trial balance format). Date-of-acquisition fair values are also displayed. Fair Value Current assets Property, net Liabilities Capital stock Retained deficit Accumulated other comprehensive loss Total Book Value Dr (Cr) Dr (Cr) $5,000,000 $3,500,000 25,000,000 20,000,000 (34,800,000) (35,000,000) (6,000,000) 10,600,000 200,000 $- Porter has no previously unrecorded identifiable intangibles. On the consolidation working paper, eliminating entry (E) credits Select one: a. Investment in Porter by $4,800,000 b. retained earnings by $10,600,000 c. liabilities by $200,000 O d. capital stock by $6,000,000