Question 25 Not yet answered Marked out of 1.50 Flag question On 1/1/2018,P Co acquired 75% of K Co common stock at an amount equal to its book value Selected balance sheet data at December 31, 2018, are as follows: K 210,000 Total Assets 90,000 60,000 Liabilities 30,000 50,000 Common Stock 25,000 Retained Earnings 100,000 35,000 In consolidated balance sheet at 31/12/2018, what amount should P co report as common stock ? Select one: a. 57,000 b. 75,000 c. 50,000 d. 100,000