The Bluth Company purchased Sudden Valley Developments Co in 2015. The Bluth Company was able to acquire sudden Valley Developments at a bargain price. The sum of the market or appraised value of Identifiable assets acquired less the fair value of liabilities assumed exceeded the cost to the bluth Company, Proper accounting treatment by the Bluth Company is to report the amount as: A. Part of operating income B. Goodwill C. Pald-in capital D. Again Ringler Corporation exchanges one plant asset for a similar plant asset and gives cash in the exchange. The exchange is not expected to cause a material change in the future cash flows for either entity, if a gain on the disposal of the old asset is indicated the gain will D A be reported in the Other Revenues and Gains section of the income statement Beffectively reduce the amount to be recorded as the cost of the new asset. Ceffectively increase the amount to be recorded as the cost of the new asset D. be credited directly to the owner's capital account