A bargain purchase $($negative goodwill$)$ should be treated as follows:

Group of answer choices

allocated as a pro rata reduction against FMV of all acquired noncurrent assets, with any amount remaining after reducing these acquired assets to zero being recognized as an ordinary gain.

placed in Other Comprehensive Income $($OCI$)$ in the period of acquisition.

recognized as an ordinary gain in the period of acquisition.

allocated as a pro rata reduction against FMV of all acquired noncurrent assets, with any amount remaining after reducing these acquired assets to zero being added to Retained Earnings gain.