Presented below are the balance sheets of Tallton Company and Handel Company at January 1, 2X13: Handel Company Balance Sheet January 1, 2X13 Tallton Company Balance Sheet January 1, 2X13 Cash Net Fixed Assets Cash $240 Net Fixed Assets Total Assets $ 70 210 $280 210 $450 Total Assets $ 20 $ 70 120 150 Accounts Payable Long-term Bonds Pay. Stockholders' Equity Total Liab. & Equity Accounts Payable Long-term Bonds Pay. Stockholders' Equity Total Liab. & Equity 230 140 $280 $450 On January 1, 2X13, Tallton Company acquired 100% of the outstanding common stock of Handel Company for $140 in cash. Assume the book value of Handel's assets and liabilities equals the market value. Which of the following statements regarding the consolidated balance sheet immediately after the acquisition is not correct? O a. Total liabilities will be $360. O b. Total cash will be $170. O c. Total assets will be $730. O d. Total net fixed assets will be $420