Use the Following Information to Answer Bellow Questions:
PC Company

Use the following information to answer bellow Questions:
PC Company purchased all of the common stock of Silicon Company by issuing 2,000,000 shares of its $0.50 par value common stock, with a market value of $25/share. PC Company incurred $150,000 in registration and issuing costs, and $100,000 in consulting and legal fees, paid in cash. The book value of Silicon Company at the date of acquisition was as follows:
$\begin{array}{|l|c|}\hline \text { Capital stock. } & \$ 4,000,000 \\\hline \text { Retained deficit } & \{1,500,000\} \\\hline \text { Accumulated other comprehensive income. } & 400,000 \\\hline \text { Total book value } & \$ 2,900,000 \\\hline\end{array}$ The carrying values of Silicon's reported assets and liabilities approximated fair value at the date of acquisition, but it has $3,000,000 in customer lists, not reported on its balance sheet.
-Eliminating entry (E) includes:

A) A credit to retained deficit for $1,500,000
B) A debit to customer lists for $3,000,000
C) A credit to accumulated other comprehensive income for $400,000
D) A credit to Investment in Silicon for $2,500,000