Mega Corporation Acquired 65% of the Voting Shares of Forko

Multiple Choice

Mega Corporation acquired 65% of the voting shares of Forko Ltd for €10 billion and used the purchase method of accounting for the merger.Mega Corporation's interest in Forko Ltd.had a restated value of €950 million.How should the difference be accounted for by Mega Corporation?

A) As Gain from Acquisition on the current period income statement
B) As Goodwill on the consolidated balance sheet
C) As a Loss from Merger on the current period income statement
D) As Additional Paid-in Capital on the consolidated balance sheet