Complete Equity with Upstream Sales LO 6 (Note: This is the same problem as Problem 6-7 and Problem 6-13, but assuming the use of the complete equity method.) Paque Corporation owns 90% of the common stock of Segal Company. The stock was purchased for $810,000 on January 1, 2017, Segal Company's retained earnings were $150,000. Financial data for 2021 are presented here: Sales: Paque Corporation Segal Company $1,650,000 $ 795,000 91,125 when 319 Equity in Subsidiary Income Total Revenue 1.741.125 795.000 Cost of Goods Sold: Beginning Inventory 225,000 165,000 Purchases 1.275.000 525.000 Cost of Goods Available 1,500,000 690,000 Less: Ending Inventory 210,000 172.500 Cost of Goods Sold 1,290,000 517,500 Other Expenses 310,500 206,250 Total Cost and Expense 1.600,500 Net Income 1/1 Retained Earnings Net Income 798,000 Dividends Declared 140,625 (150.000) $ 140,625 723.750 $ 71,250 180,000 71,250 (60.000) 12/31 Retained Earnings $ 788,625 $191,250 Cash $93,000 $75,000 Accounts Receivable 319,500 168,750 Inventory 210,000 172,500 Investment in Segal Company 833.625 Other Assets 750.000 630.000