Assume a parent company acquired a subsidiary on January 1, 2015. The purchase price was $745,000 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 15-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, 2016, are as follows:

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

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

Original Original Useful Life Amount (years) [A] Asset Property, plant and equipment (PPE), net $360,000 15 Goodwill 85,000 Indefinite $745,000 Parent Subsidiary Parent Subsidiary Balance sheet: Income statement: Sales Cost of goods sold Gross profit Equity income Operating expenses $6,875,000 $1,500,000 Assets (4,950,000) (900,000 Cash $1,295,313 $386,500 348,000 447,000 600,000 Accounts receivable 1,760,000 2,667,500 1,875,500 14,206,500 1,925,000 186,000 (1,031,250 90,000) Equity investment 1,079,750 $210,000 Property, plant and equipment Inventory Net income 827,000 (PPE), net $21,804,813 $2,008,500 Statement of retained earnings: BOY retained earnings Net income Dividends $4,639,750 $775,000 Liabilities and stockholders' equity 1,079,750 210,000 Accounts payable (217,000) (31,500) Accrued liabilities $5,502,500 $953,500 Long-term liabilities $1,006,500 $143,000 1,196,250 187,000 Ending retained earnings Common stock APIC Retained earnings 500,000 100,000 125,000 5,502,500 953,500 $21,804,813 $2,008,500 8,750,000 640,563 4,709,000