Porwal Parts acquires all the voting stock of Stonegate Supplies for $50 million. Stonegate's book value was $11 million at the date of acquisition, consisting of capital stock of $1 million, retained earnings of $12 million, and accumulated other comprehensive loss of $2 million. Stonegate's assets and liabilities are carried at amounts approximating fair value, and it has no previously unreported identifiable intangible assets. Consolidation eliminating entry (E), at the date of acquisition, includes a(n):

	A.	$12 million credit to retained earnings
	B.	$2 million credit to accumulated other comprehensive loss
	C.	$1 million credit to capital stock
	D.	$50 million credit to investment in Stonegate