Question 15 Not yet answered Marked out of 1.50 P Flag question B Co acquired 100% of C Co outstanding capital stock for $430,000 cash. Immediately before the purchase, the balance sheets reported the following: B 1,000,000 Assets 375,000 375,000 Liabilities 200,000 Common Stock 500,000 155,000 Retained Earnings 125,000 20,000 At the date of purchase, the fair value of C assets was $50,000 more than the book value. In the consolidated balance sheet prepared immediately after the purchase, the consolidated stockholders' equity reported amount to 1,000,000 Assets 375,000 375,000 Liabilities 200,000 500,000 Common Stock 155,000 Retained Earnings 20,000 125,000 At the date of purchase, the fair value of C assets was $50,000 more than the book value. In the consolidated balance sheet prepared immediately after the purchase,the consolidated stockholders' equity reported amount to Select one: a. 625,000 b. 800,000 c. 825,000 d. 840,000