Question 10 3 pts On 1 March 2020 Hull acquired 80% of the equity share capital of Rye. At the date of acquisition, the fair values of Rye net assets were equal to their carrying amount except for its property. The property had a fair value of 1,200 below its carrying amount. The property had a remaining useful life of six years. When preparing consolidated financial statements, what will be the net effect of the adjustments required of the property on the net assets of the subsidiary at 31 August 2020? decrease 1,100 decrease 1,300 decrease 1,000 decrease 1,200 Next