ShoeCorp acquired all of the outstanding common stock of SockCo in exchange for cash. The consideration transferred exceeds the acquisition- date fair value of the net assets acquired. How should ShoeCorp determine the amounts to be reported for the plant and equipment and long-term debt acquired from SockCo? Plant and equipment: SockCo's carrying amount; long-term debt: SockCo's carrying amount O Plant and equipment: SockCo's carrying amount; long-term debt: fair value Plant and equipment: fair value; long-term debt: fair value Plant and equipment: fair value; long-term debt: SockCo's carrying amount