Postage Corporation acquired 75 percent of Stamp Corporation's common stock on December 31, 20X8, for $300,000. The fair value of the noncontrolling interest at that date was determined to be S100,000. Stamp's balance sheet immediately before the combination reflected the following balances:__________. Cash and Receivables $ 40,000Inventory 70,000Land 90,000Buildings and Equipment (net) 250,000Total Assets $ 450,000 Accounts Payable $ 30,000Income Taxes Payable 40,000Bonds Payable 100,000Common Stock 100,000Retained Earnings 180,000Total Liabilities and Stockholders' Equity $ 450,000 A careful review of the fair value of Stamp's assets and liabilities indicated that inventory, land, and buildings and equipment (net) had fair values of $65,000, $100,000, and, $300,000 respectively. Goodwill is assigned proportionately to Postage and the noncontrolling shareholders. 1) Based on the preceding information, what amount of Stamp's inventory will be included in the consolidated balance sheet immediately following the acquisition? A) $0 B) S65,000 C) $70,000 D) $60,000 2) Based on the preceding information, what amount of Stamp's land will be included in the consolidated balance sheet immediately following the acquisition? A) $0 B) $10,000 C) $90,000 D) $100,000 3) Based on the preceding information, what amount of Stamp's buildings and equipment (net) will be included in the consolidated balance sheet immediately following the acquisition? A) $0 B) $50,000