Use the following information for the next two questions: Burns Co. issued 20,000 ordinary shares in exchange for all the assets and liabilities of Sighing, Inc. On acquisition date, Sighing's net identifiable assets have a carrying amount of Php4,000,000 and a fair value of Php2,000,000. The transaction increased Burns' share premium by Php400,000. However, no goodwill resulted from the business combination. How much is acquisition- date fair value per share of the ordinary shares transferred by Burns? a. 20 b. 40 C. 80 d. 100 How much is acquisition-date fair value per share of the ordinary shares transferred by Burns? a. 20 b. 40 C. 80 d. 100