Pringle Corporation acquired all the stock of Sunny Company, at an acquisition cost of $30 million. Sunny's book value at the time was $10 million. Sunny's current assets and all liabilities were carried at amounts approximating fair value. However, its plant assets were overvalued by $6 million. Sunny also has previously unreported developed technology valued at $4 million. Which of the following is false concerning the consolidation eliminating entries at the date of acquisition?

	A.	Eliminating entry (R) increases identifiable intangible assets by $4 million.
	B.	Eliminating entry (E) reduces Sunny's shareholders' equity by $10 million.
	C.	Eliminating entry (E) reduces the investment by $10 million.
	D.	Eliminating entry (R) increases goodwill by $12 million.