17) In Roblux's accounting records, what amount would appear on December 31, 2017 for equity in subsidiary earnings? A) $127,000. 17). B) $76,000. C) $127,600. D) $81,800. E) $78,000. On January 1, 2017, Roblux Corp. paid $1,020,000 to acquire Meta Co. Meta maintained separate incorporation. Roblux used the equity method to account for the investment. The following information is available for Meta's assets, liabilities, and stockholders' equity accounts on January 1, 2017: Current assets Land Building (20 year life) Equipment (8 year life) Current liabilities Long-term liabilities Common stock Additional paid-in capital Retained earnings Book Values $ 120,000 Fair Values $ 120,000 72,000 192,000 240,000 268,000 540,000 $16,000 24,000 24,000 120,000 210,000 228,000 384,000 216,000 Meta earned net income for 2017 of $126,000 and paid dividends of $48,000 during the year. 16) The 2017 total excess amortization of fair-value allocations is calculated to be: A) $3,000. B) $5,400. 16) C) $2,800. D) $(1,000). E) S(1,600). 17) In Roblux's accounting records, what amount would appear on December 31, 2017 for equity in subsidiary earnings? A) $127,000. 17) B) $76,000. C) $127,600. D) $81,800. E) $78,000.