WARNI On 1/1/2019,W Co.issued 100,000 shares of its $10 par value common stock for the net assets of P co. in a business combination accounted for by the acquisition method. The market value of w co common stock on 1/1 was $20 per share. W co paid a fee of $80,000 to the consultant who arranged this acquisition.Costs of registering and issuing the equity securities amounted to $40,000.No goodwill was involved in the purchase. What amount should w co record the cost of acquiring P net assets? Select one: 0 a. 2,040,000 b. 2,080,000 h c. 2,000,000 O d. 2,120,000 On1/1/ 2019,X Co acquired 100% of the common stock of Y Co. At that time, X held lands with a book value of $50,000 and a fair value of $ 130,000; Y held lands with a book value of $25,000 and fair value of $300,000.at what amount would lands be reported in X Co balance sheet prepared immediately after the merger ? Select one: o a. 275,000 b. 430,000 0 0 0 C. 295,000 d. 350,000