Question 26 Top Corporation acquired 100 % of Sun Corporation's common stock on December 31,2019. Balance sheet data for the two companies immediately following the acquisition Not yet answered TOP SUN Marked out of Cash $ 49,000 1.00 $ 30,000 Accounts Receivable 110,000 Remove flag 45,000 Inventory 130,000 70,000 25,000 Land 80,000 Buildings & Equipment 277,000 Investment in Sun Corporation 198,000 Total Assets $844,000 235,000 $405,000 Accounts Payable $ 61,500 $ 28,000 Taxes Payable 95,000 37,000 Bonds Payable 280,000 200,000 Common Stock 150,000 50,000 Retained Earnings 257,500 90,000 Total $844,000 $405,000 At the date of the business combination, the book values of Sun's net assets and liabilities approximated fair value except for inventory, which had a fair values 85,000 and land, which had a fair value of $45,000. the total inventory that should appear in the consolidated balance sheet prepared immediately after the business combination? Select one: a. 200,000 b. 185,000 c. 130,000 Windows d. 215,000 -30 Top Corporation acquired 100% of Sun Corporation's common stock on December 31, 2019. Balance sheet data for the two companies immediately following the acquisition TOP SUN out of Cash $ 49,000 $ 30,000 Accounts Receivable 110,000 45,000 question Inventory 130,000 70,000 Land 80,000 25,000 Buildings & Equipment 277,000 235,000 Investment in Sun Corporation 198,000 Total Assets $844,000 $405,000 Accounts Payable $ 61,500 $ 28,000 95,000 37,000 Taxes Payable Bonds Payable 280,000 200,000 Common Stock 150,000 50,000 Retained Eamings 257,500 90,000 Total $844,000 $405,000 At the date of the business combination, the book values of Sun's net assets and liabilities approximated fair value except for land, which had a fair value of $45,000. what is the goodwill total that should appear in the consolidated balance sheet prepared immediately after the business combination? Select one: a. 23,000 b. 58,000 C. 43,000 indows hou d. 38,000