Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

تمرين 58

Treadwav Corporation acquires Hooker, Inc. The parent pays more for it than the fair value of the subsidiary's net assets. On the acquisition date, Treadway has equipment with a book valueof $420,000 and a fair value of $530,000. Hooker has equipment with a book value of $330,000 and a fair value of $390,000. Hooker is going to use push-down accounting.Immediately after the acquisition, what amounts in the Equipment account appear on Hooker ' s separate balancesheet and on the consolidated balance sheet
A) $330,000 and $750,000.
B) $330,000 and $860,000.
C) $390,000 and $810,000.
D) $390,000 and $920,000.