Question 19 Not yet answered Marked out of 1.50 P Flag question B Corporation acquired 100% of C Corporation's outstanding capital stock for $430,000 cash. Immediately before the purchase, the balance sheets of both corporations reported the following: B C Assets $2,000,000 $750,000 Liabilities $ 750,000 $400,000 Common Stock 1,000,000 310,000 Retained Earnings 250,000 40.000 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 should amount to Select one: a. 1,600,000 b. 1,250,000 c. 1,650,000 d. 1.680.000