The condensed separate and consolidated balance sheets of Alpha Corporation and its subsidiary, Bita Company, on the date of their business combination, includes inventories of Alpha $150,000, inventories of Bita $120,000 and inventories consolidated $250,000, Indicates that:

a. Excess of the carrying amount of Alpha inventories over fair value.

b. Excess of fair value of Bita inventories over carrying amount.

c. Excess of the carrying amount of Bita inventories over fair value.

d. Excess of fair value of Alpha inventories over carrying amount.

The condensed separate and consolidated balance sheets of Parent Corporation and its subsidiary, on the date of their business combination showed plant assets of parent, subsidiary and consolidated as: $400,000, $100,000 and $530,000 respectively.This means:

a. Excess of carrying amount of parents plant assets over its fair value by $30,000.

b. Excess of fair value of subsidiarys plant assets over its carrying amount by $30,000.

c. Excess of carrying amount of subsidiarys plant assets over its fair value by $30,000.

d. Excess of fair value of parents plant assets over its carrying amount by $30,000.