Presented Below Are the Balance Sheets of Monty Company and Hall

Presented below are the balance sheets of Monty Company and Hall Company at January 1, 20X6: $\begin{array}{lll}\text { Hall Company Balance } && \text { Monty Company Balance } \\\text { Sheet } && \text { Sheet } \\\text { January 1,20X6 } && \text { J anuary 1, 20X6 }\\\text { Cash } & \$ 100 & \text { Cash }& \$ 400 \\\text { Net fixed assets } & \underline{400} & \text { Net fixed assets }&380\\\text { Total assets }&\$500&\text { Total assets }&\$780\\\text { Accounts payable Long- } & \$ 20 & \text { Accounts payable } & \$ 120 \\\text { termbonds } & & \text { Long-termbonds } & \\\text { payable } & 220 & \text { payable } & 280\\\text { Stockholders' equity } & 260 & \text { Stockholders' equity } &380\\\text { Total liabilities and }&&\text { Total liabilities and }\\\text { stockholders' equity }&\$ 500 &\text { stockholders' equity }& \$ 780\end{array}$ On January 1, 20X6, Monty Company acquired 100% of the outstanding common stock of Hall Company for $260 in cash. is the balance of stockholders' equity on the consolidated balance sheet immediately after the acquisition of Hall's stock.

A) $640
B) $380
C) $260
D) $- 0-