Assme that an investor acquired 100% of the voting common stock of an investee on January 1,2009 in a transaction that qual es as a busness combination, As a result of the acquisition, the investor recognized no goodwilland no bargain purchase gain in the post-acquisition consolidated inancial statements (i.e. all of the resulting Acquisition Accounting Premium relates to identifiable account for its pre-consolidation investment in the investee. In addition, there are no intercompany transactions benween the investor and investee The foowing summarized pre-consolidation financial statement information is for the year ending December 31, 2016 net assets) The investor uses the equity method to Imestor Investee $1.920 000 256 000 120.000 Consalidaned ret income Statement of Rstained tarnings 61800 3200 0002800 23000 8 9 shift Assme that an investor acquired 100% of the voting common stock of an investee on January 1,2009 in a transaction that qual es as a busness combination, As a result of the acquisition, the investor recognized no goodwilland no bargain purchase gain in the post-acquisition consolidated inancial statements (i.e. all of the resulting Acquisition Accounting Premium relates to identifiable account for its pre-consolidation investment in the investee. In addition, there are no intercompany transactions benween the investor and investee The foowing summarized pre-consolidation financial statement information is for the year ending December 31, 2016 net assets) The investor uses the equity method to Imestor Investee $1.920 000 256 000 120.000 Consalidaned ret income Statement of Rstained tarnings 61800 3200 0002800 23000 8 9 shift