In $2020,$ Palmyra Corp. purchased $100\%$ of the common stock of Rochester Tech for a total purchase price of $$8,906\mathrm{.}8$ million.

Which of the following is true?

Select one:

A$.$ The consolidated shareholders' equity exceeds the unconsolidated shareholders' equity by $$8,906\mathrm{.}8$ million.

B$.$ The consolidated total assets are greater than the unconsolidated total assets by $$8,906\mathrm{.}8$ million.

C$.$ Net income is the same on the consolidated and unconsolidated financial statements.

D$.$ The consolidated net income is greater than the unconsolidated net income.

E$.$ None of the above