Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2019. For 2019, Kailey reported revenues of $810,000 and expenses of $630,000, not including its investment in Denber, and all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.In consolidation, the total amount of expenses related to Kailey, and to Denber's acquisition of Kailey, for 2019 is determined to be:
A. $215,000.
B. $161,250.
C. $153,750.
D. $210,000.
E. $205,000.
Answer: A
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