Question 5 Not yet answered Marked out of 1.00 P Flag question A parent company's journal entries to record a business combination with a subsidiary do not include debits and credits to recognize the assets and liabilities of the subsidiary. Select one: True O O False Question 6 Not yeu answered Marked out of 50 P Flag question On 1/1 2019 W Co.issued 100.000 shares of its Sio par value common stock for the net assets of P co. in a business combination accounted for by the acquisition method. The market value of WCO common stock on 1/1 was $20 per share. W CO paid a fee of $80,000 to the consultant who arranged this acquisition Costs of registering and issuing the equity securities amounted to $10.000.No goodwill was involved in the purchase. What amount should W CO record the cost of acquiring P net assets? Select one: a. 2,040,000 b. 2.080 000 O c. 2.000.000 d. 2.120.000