Which of the following statements pertaining to any acquisition differential arising from a joint venture is correct? There can be no acquisition differential arising from the formation of a new joint venture. The acquisition differential arising from a newly formed joint venture is allocated across the venture's identifiable net assets. The acquisition differential arising from a newly formed joint venture is immediately charged to the retained earnings of each venturer on a pro-rata basis. An acquisition differential may arise when a venturer increases its ownership percentage of a joint venture