P Ltd acquired 100% of S Ltd on 31 December 20x8 when P Ltd's net assets were represented by share capital of $500 million and retained profits of $500 million, and S Ltd's net assets were represented by share capital of $100 million and retained profits of $100 million

P Ltd acquired 100% of S Ltd on 31 December 20x8 when P Ltd's net assets were represented by share capital of $500 million and retained profits of $500 million, and S Ltd's net assets were represented by share capital of $100 million and retained profits of $100 million. The "Share capital", and "Retained profit" in the consolidated statement of financial position as at 31 December 20x8 should be respectively:
Group of answer choices
-$600 million and $500 million.
-$500 million and $500 million.
-$500 million and $nil.
-$600 million and $nil.
-None of the listed choices.
Which option is it?