Partially Owned Subsidiaries: Concepts The following items were obtained at the end of 2006 from the financial statements of a 75%-owned created subsidiary:

Dividends declared . S 40,000 Net income . 84,000 Common stock . 200,000 Additional paid-in capital . 100,000 Retained earnings, 1/1/06 . 144,000 In addition, the parent declared and paid dividends of $90,000 in 2006.
What is the amount for each of the following items?

a. The parent’s year-end investment balance under the equity method.

b. The amount reported in the consolidated statements for the NCI in the subsidiary’s net assets.

c. The amount reported in the consolidated statements for the NCI in the subsidiary’s net income.

d. The amount reported for dividends declared in the 2006 consolidated statement of retained earnings.