Igneel acquires 100% of the stock of Acnologia on January 1, 2020, for $4 , 100 cash. As of that date Acnologia has the following trial balance: Net income and dividends reported by Acnologia for 2020 and 2021 follow: The fair value of Acnologia's net assets that differ from their book values are listed below: Any excess of consideration transferred over fair value of net assets acquired is considered goodwill with an indefinite life. Compute the amount of Acnologias's long-term liabilities that would be reported in a December 31 , 2020. consolidated balance sheet. Multiple Choice $1 , 850 . $1 , 750 . $1 , 700 . $1 , 800 . $1 , 900