Pasha Corporation acquired 60 percent of Sam Enterprises on June 1, 2005. At that date, Sam had inventory with a market value $80,000 greater than book value and plant assets (net) with a market value $192,000 greater than book value. The estimated remaining life of the inventory and the plant assets are four months and 10 years, respectively. What is the amount of differential amortization recognized in the worksheet elimination on 31/12/2005?

a.Cost of Goods Sold $80,000 debit; Depreciation Expense $19,200 debitb.Cost of Goods Sold $80,000 credit; Depreciation Expense $11,200 creditc.Cost of Goods Sold $80,000 debit; Depreciation Expense $11,200 debitd.Cost of Goods Sold $80,000 credit, Depreciation Expense $19,200 credit