A Company Has Decided to Purchase 100% of the Voting

Multiple Choice

A company has decided to purchase 100% of the voting shares of B Company for $100,000 on January 1,20x2.Immediately before the acquisition,A and B reported cash balances of $300,000 and 150,000 respectively.If Consolidated Financial Statements were prepared immediately following the acquisition,how much Cash would be reported on A's consolidated balance sheet?

A) $250,000
B) $350,000
C) $550,000
D) $450,000