Compute the December 31,2020, Consolidated revenues, total expense, equipment and land

Saved Help SB Following are selected accounts for Green... Following are selected accounts for Green Corporation and Vega Company as of December 31, 2020. Several of Green's accounts have been omitted. Green Vega 900,000 360,000 140,000 100,000 500,000 200,000 40,000 60, 000 Revenues Cost of goods sold Depreciation expense Other expenses Equity in Vega's income Retained earnings, 1/1/2020 Dividend:s Current assets Land Building (net) Equipment (net) Liabilities Common stock Additional paid-in capital 1,350,000 195,000 300,008 450,000 750,000 300,000 600,e00 450,000 75,000 1,200,000 80,000 1,380,006 180,000 280,000 500,000 620,000 80,000 320,000 Green acquired 100% of Vega on January 1,2016, by issuing 10,500 shares of its $10 par value common stock with a fair value of $95 per share. On January 1, 2016, Vega's land was undervalued by $40,000, its buildings were overvalued by $30,000, and equipment was undervalued by $80,000. The buildings have a 20-year life and the equipment has a 10- year life. $50,000 was attributed to an unrecorded trademark with a 16-year remaining life. There was no goodwil associated with this investment. 8 of 8 Next >