War Machine Corp. owns $100\%$ of the $8,000,000$ outstanding common shares of Happy Inc. In order to generate much needed cash, management of War Machine sold $2,500,000$ shares for $$10,000,000.$ How should management account for the investment in Happy if it is using IFRS as a standard?A$)$ consolidationB$)$ equity methodC$)$ cost method D$)$ Management can choose from any of these methods.