b. Show the computation to yield the $129,150 equity income reported by the parent for the year ended December 31, 2016.

Subsidiary net income is 183,400

how to calculate the depreciation and amortization amount?

Consolidation several years subsequent to date of acquisition-Equity method Assume that a parent company acquired a subsidiary on January 1, 2014. The purchase price was $665,000 in excess of the subsidiary's book value of Stockholders Equity on the acquisition date, and that excess was assigned to the following [A] assets: Original Original Useful AJ Asset [A] Asset Property, plant and equipment (PPE), net Patent License Goodwill Amount Life $140,000 245,000 7 years 16 years 05,000 10 years 175,000 Indefinite $665,000