Pace acquired Saber on January 1, 2016, attributing its \($200\) million excess of acquisition cost over book value to identifiable intangible assets valued at \($40\) million, with a 5-year life, and to goodwill. At that time Saber's stockholders' equity was \($2,000\) million. It is now December 31, 2017, and consolidation entries are prepared. The investment account balance on January 1, 2017 was \($2,286\) million. Saber reported net income of \($150\) million and declared and paid dividends of \($30\) million in 2017. Saber paid dividends of \($25\) million in 2016. Goodwill is not impaired in either year. In your answers below, show amounts in millions. 

Required

a. What was Saber's 2016 reported net income?

b. What was Saber's stockholders' equity on January 1, 2017?

c. Calculate Pace's equity in net income of Saber for 2017, using the complete equity method.

d. Prepare the eliminating entries needed to consolidate Pace and Saber at December 31, 2017.

e. Assume it is now December 31, 2021. Total goodwill impairment as of January 1, 2021 is \($100\) million, and there is no impairment for 2021. Saber still owns the identifiable intangibles. Prepare consolidation eliminating entries (R) and (O) for 2021.