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Question 13 (2 points) Listen On January 1, 2023, Rossie Corporation, a public company, acquired 100% of the voting common shares of Mya Inc. At acquisition, all of Mya's assets and liabilities equal their carrying value except for the following as sets: Inventory Building Patent 2 $475,000 Both companies have an inventory turnover of 45 days. At acquisition, the building had a remaining useful life of 10 years. The patent has a remaining useful life of 5 years. The following are selected account balances from the separate- entity statements for the year ending December 31, 2024. Ros sie $300,000 Carrying value $ 150,000 250,000 $675,000 $575,000 Fair value $ 250,000 450,000 200,000 Inventory Building Patent What amount represents the value of the inventory that would be reported on the consolidated SFP on December 31, 2024? $ 375,000 425,000 275,000 Mya $ 200,000 202,000

On Januny 1, 2023, Ro ssie Corporation, a public company, acquir ed 100% of the voting co mmon shares of Mya line. At acquisition, all of Mya's assets and liabilities equal their carrying value except for the following as sets Both compandes have an inventory tumover of 45 days. At acquisition, the building had a remuining useful life of 10 years. The patent has a remaining useful life of 5 years. The following are selected acc ount bahnces from the s b parateentitv statements for the ve ar ending December 31.2024 What anount represents the value of the invent ory that would be reported on the consoldated SFP on Decemb or 31 , 2024? $475,000 $300,000 $675,000 $575,000

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