When a Primary Beneficiary's Consolidation of a Variable Interest Entity

When a primary beneficiary's consolidation of a variable interest entity (VIE) is appropriate,the amounts of the VIE to be consolidated are:
I.Book values for assets and liabilities transferred by the primary beneficiary.
II.Fair values when the primary beneficiary relationship became established.

A) I
B) II
C) Both I and II
D) Neither I nor II