Assume a parent company acquired a subsidiary on January 1, 2018. The purchase price was $760,000 in excess of the subsidiarys book value of Stockholders Equity on the acquisition date, and that excess was assigned to the following [A] assets:

The AAP asset relating to undervalued PPE with a 12-year useful life has been depreciated as part of the parents equity method accounting. The financial statements of the parent and its subsidiary for the year ended December 31, 2019, are as follows:

At what amount will the following accounts appear on the consolidated financial statements?

a.	Sales
b.	Equity income
c.	Operating expenses
d.	Accounts receivable
e.	Equity investment
f.	Property plant and equipment (PPE) net
g.	Goodwill
h.	Common stock
i.	Retained earnings

Original Original Useful Life [A] Asset Amount (years) Property, plant and equipment (PPE), net $360,000 12 Goodwill 400,000 Indefinite $760,000 Parent Subsidiary Parent Subsidiary Income statement: Balance sheet: Sales Cost of goods sold Gross profit Equity income Operating expenses Net income $6,000,000 $1,500,000 Assets (3,500,000) (900,000) Cash 2,500,000 600,000 Accounts receivable 170,000 Inventory (1,000,000) (400,000) Equity investment $1,670,000 $200,000 Property, plant and equipment (PPE), net $727,000 $386,000 1,000,000 348,000 1,600,000 442,000 1,873,000 4,800,000 824,000 $10,000,000 $2,000,000 Statement of retained earnings: BOY retained earnings Net income $1,000,000 1,670,000 (210,000) $2,460,000 Dividends $780,000 Liabilities and stockholders' equity 200,000 Accounts payable (32,000) Accrued liabilities $948,000 Long-term liabilities Common stock Ending retained earnings $900,000 $140,000 1,200,000 187,000 2,800,000 500,000 640,000 100,000 2,000,000 125,000 2,460,000 948,000 $10,000,000 $2,000,000 APIC Retained earnings