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Remaining Time: 38 minutes, 49 seconds. Question Completion Status: 42 5 6 7 Sr 10 115 120 A Moving to another question will save this
Remaining Time: 38 minutes, 49 seconds. Question Completion Status: 42 5 6 7 Sr 10 115 120 A Moving to another question will save this response. Question 70 Say Question 7 2 points On January 1, 2021, Oayz Company acquired all the outstanding ownership shares of Zeem Company. In assessing Zeem's acquisition date fair values, Oayz concluded that the carrying value of Zeem's long-term debt (8-year remaining life) was less than its fair value by $22.400. On Decer 31, 2021. Zeem Company's accounts show interest expense of $14.430 and long-term debt of $390,000 What amounts of interest expense and long-term debt should appear on the December 31, 2021 consolidated financial statements of Oayz and its subsidiary Zeem? Interest expense Long-term debt $ 17,230 $412,400 a b. $17.230 $409,600 c $11,630 $412,400 d $11.630 $409,600 O A. Option C O B. Option D OC. Option B OD. Option A A Moving to another question will save this response
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