Paro Company purchased 80% of the voting common stock of Sabon Company for $900,000. There are no liabilities. The following book and fair values are available for Sabon: Book Value Fair Value Current assets $100,000 $200,000 Land and building 200,000 200,000 Machinery 300,000 600,000 Goodwill 100,000 ? The machinery will appear on the consolidated balance sheet at ____. a. $600,000 b. $540,000 c. $480,000 d. $300,000

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