5} Pfeifer Corporation acquired an 30% interest in Stern Corporation several years ago 1when the book values and fair values of Stern's assets and liabilities were equal. At the time of acquisition, the cost of the 30% interest was equal to 80% of the book value of Stern's net asseis. Separate company income statements for Pfeifer and Stern for the year ended December 31, 2014 are summarized as follows: Heifer Stern Sales Revenue $ 1,000,000 $ 000,000 Investment income from Stern 05,000 Cost of Goods Sold (500,000) (300,000) Expenses 1200.00.01 [2.0.0.0001 Net Income During 2013, Pfeifer sold merchandise that cost $120,000 to Stern for $100,000. Half of this merchandise remained in Stern's inventory at December 31, 2013. During 2014, Pfeifer sold merchandise that cost $150,000 to Stern for $225,000. One-third of this merchandise remained in Stern's December 31, 2014 mventory. Dre-pare a consolidated income statement for Pfeifer Corporation and Subsidiary,r for