Question 5 4 pts In reporting a constructive retirement of debt for consolidated financial statements, the ELIMINATION (i.e., consolidation) entries required are IDENTICAL TO those used in eliminating a DIRECT intercorporate debt transfer in which of the following situations? The purchase of the debt of an affiliate from an unrelated party is at a price greater or less than the book value of the liability reported by the debtor. The purchase of the debt of an affiliate from an unrelated party is at a price equal to the book value of the liability reported by the debtor. The purchase of the debt of an affiliate from an unrelated party is at a price less than the book value of the liability reported by the debtor The purchase of the debt of an affiliate from an unrelated party is at a price greater than the book value of the liability reported by the debtor. Question 6 4 pts