Seseg Appliances owns 90% of the voting stock of Juan Co. Of the three following statements, which of the statements are true? Statements:

(1) The financial statements of Seseg would be consolidated into Juan

2) Seseg would be considered the parent entity

(3) Juan would be considered the parent entity

A. 1 is true

B. 2 is true

C. 3 is true

D. None of the above are true