2a.

On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000. This investment balance represents 30% of the equity of the Bravo-Zulu Company. During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what are the FY 2017 balances in Alpha Company's account balances for:

a. Investment in Bravo-Zulu

b. Investment Income

2b.

Immediately following an acquisition, the Alpha Company's balance sheet included cash $50,000, investment in subsidiary $200,000, plant assets $475,000, and liabilities $150,000. The wholly owned subsidiary (Bravo-Zulu Company) had cash $55,000, plant assets $145,000, and liabilities $70,000. All balances are normal. There are no other assets or liabilities, and the given values for the subsidiary are also equal to their fair values. Use this information to determine the dollar value of Goodwill that will be recorded in Alpha Company's consolidated balance sheet?

2c.

On January 2, 2017, Alpha Company purchased 10,000 shares of the stock of Zulu Company, and did not obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $10 per share, and represents a 12% ownership stake. Zulu Company made $25,000 of net income in 2017, and paid dividends of $11,000 on December 15, 2017. On December 31, 2017, Zulu Company's stock was trading on the open market for $9 per share at the end of the year. Use this information to determine the dollar amounts that should be reported by Alpha Company during 2017 for the following items:

1. Dividend Income

2. Unrealized Gain/Loss - OIC (If a loss, enter the amount with dollar sign inside of brackets)

3. Available-for-Sales Securities

2d.

On December 31, 2016, Alpha Company invested $10,000 in 2 years, certificate with a 4% annual interest rate with semi-annual compounding. Use this information to determine the maturity value of the certificate on December 31, 2018? (Round your answer to the nearest whole dollar.)

2 e.

On June 30, 2016, Alpha Corporation issued $600,000 of 7%, 10-year bonds at 98 its semiannual interest date. Alpha uses the straight-line method for amortization. Use this information to determine the carrying value of this bond issue after adjusting entries have been made on June 30, 2018? Round your answer to the nearest whole dollar.