Durer IncAcquired Sea Corporation in a Business Combination and Sea Corp

Multiple Choice

Durer Inc.acquired Sea Corporation in a business combination and Sea Corp.went out of existence.Sea Corp.developed a patent listed as an asset on Sea Corp.'s books at the patent office filing cost.In recording the combination,

A) fair value is not assigned to the patent because the research and development costs have been expensed by Sea Corp.
B) Sea Corp.'s prior expenses to develop the patent are recorded as an asset by Durer at purchase.
C) the patent is recorded as an asset at fair market value.
D) the patent's market value increases goodwill.