1. Porwal Parts acquires all the voting stock of Stonegate Supplies for $40 million. Stonegate's book value was $10 million at the date of acquisition. Stonegate's assets and liabilities are carried at amounts approximating fair value, but it has previously unrecognized brand names valued at $8,000,000. Consolidation eliminating entry (R), at the date of acquisition, includes a(n):

   	A.	$32 million debit to goodwill
   	B.	$10 million debit to Stonegate's equity accounts
   	C.	$40 million credit to the investment account
   	D.	$8 million debit to identifiable intangible assets