Time left 1:03:36 Question 20 Not yet answered Marked out of 1.00 Flag question The condensed separate and consolidated balance sheets of Parent Corporation and its subsidiary, on the date of their business combination showed inventories of parent, subsidiary and consolidated as: $400,000, $100,000 and $380,000 respectively.This means: O a. Excess of fair value of parent's inventory over its carrying amount by $20,000. O b. Excess of fair value of subsidiary's inventory over its carrying amount by $20,000. c. Excess of carrying amount of subsidiary's inventory over its fair value by $20,000. d. Excess of carrying amount of parent's inventory over its fair value by $20,000. Previous page Finish attempt...