Why?Busquets Plc$.$ acquired $100\%$ of Neymar Ltd$.$ in $2022.$ The table below reports the book value and the fair

value of the assets and liabilities of Neymar Ltd$.$ at the time of the acquisition:

Busquets Plc$.$ paid $2,000$ in cash for Neymar and there were no costs associated with the acquisition.

As a result of the acquisition, the total assets of Busquets Plc$.$

a$.$ Increase by $2,000$

b$.$ Decrease by $2,000$

c$.$ Do not change

d$.$ Increase by $70$

e$.$ None of the above

ANSWER: D