Crawford Corporation acquires Nashville, Inc. The parent pays more for it than the fair value of the subsidiarys net assets. On the acquisition date, Crawford has equipment with a book value of $418,000 and a fair value of $592,000. Nashville has equipment with a book value of $302,500 and a fair value of $366,000. Nashville is going to use push-down accounting. Immediately after the acquisition, what amounts in the Equipment account appear on Nashvilles separate balance sheet and on the consolidated balance sheet?

$302,500 and $894,500.

$366,000 and $958,000.

$366,000 and $784,000.

$302,500 and $720,500.