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REFERENCE: Ref.03_12 Watkins,Inc.acquires All of the Outstanding Stock of Glen Corporation on Corporation

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REFERENCE: Ref.03_12
Watkins,Inc.acquires all of the outstanding stock of Glen Corporation on January 1,2009.At that date,Glen owns only three assets and has no liabilities: REFERENCE: Ref.03_12 Watkins,Inc.acquires all of the outstanding stock of Glen Corporation on January 1,2009.At that date,Glen owns only three assets and has no liabilities:   -If Watkins pays $300,000 in cash for Glen,at what amount would the subsidiary's Building be represented in a January 2,2009 consolidation? A) $200,000. B) $225,000. C) $273,000. D) $279,000. E) $300,000.
-If Watkins pays $300,000 in cash for Glen,at what amount would the subsidiary's Building be represented in a January 2,2009 consolidation?


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