Question 7 Not yet answered Marked out of 1.50 P Flag question On 1/1/2019.R CO acquired 80% of F Co common stock for $172,000 in cash At the acquisition date the book values and fair values of F co assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20% of the total book value of Fco ,The stockholders' equity accounts of the two companies at the acquisition date are: R F common stock(5@par 250,000 100,000 additional paid in capital 107,000 40,000 retained earning 175,000 75,000 Non controlling interest was assigned income of $5,500 in R consolidated income statement for 2019 Based on the preceding information, what will be the total stockholders' equity in the consolidated balance sheet as of January 1,2019? Select one: a. 575.000 b. 618,000 c. 790,000 d. 532,000 Question 8 Nal vel answered Marked out of 1.00 Flag question merger occurs when one corporation takes over all the operations of another business entity, and that entity is dissolved. Select one: True O False