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Consolidation several years subsequent to date of acquisition-Equity method assigned to the following [A] assets: a. Compute the Equity Investment balance as of January 1,

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Consolidation several years subsequent to date of acquisition-Equity method assigned to the following [A] assets: a. Compute the Equity Investment balance as of January 1, 2016. d. Prepare the consolidation entries for the year ended December 31, 2016. e. Prepare the consolidated spreadsheet for the year ended December 31, 2016. ses and Dividends. b. Show the computation to yield the $129,150 equity income reported by the parent for the year ended December 31,2016 . Do not use negative signs with your answers. c. Show the computation to yield the $1,530,550 Equity Investment account balance reported by the parent at December 31, 2016 . Do not use negative signs with your answers. Please answer all parts of the question. Check

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