Beasley Crossing prepares its financial statements in accordance with International Financial Reporting Standards (IFRS). The company issued shares of the company's Class B stock. Beasley Crossing should report the stock in the company's statement of financial position

a. among liabilities unless the shares are mandatorily redeemable.
b. among liabilities if the shares are mandatorily redeemable or redeemable at the option of the shareholder.
c. as equity unless the shares are mandatorily redeemable.
d. as equity unless the shares are redeemable at the option of the issuer.