Two NFP organizations form a new entity, which takes control of the activities of both organizations. How are the assets of the new entity valued? a. One organization is identified as the acquiring organization, and its assets are revalued to fair value at the date of acquisition; the acquired organization's assets remain at book value. b. One organization is identified as the acquired organization, and its assets are revalued to fair value at the date of acquisition; the acquiring organization's assets remain at book value. The assets of both organizations are revalued to fair value at the date of acquisition. d. Assets are reported at the values carried on the books of each of the two organizations. C