Determining ending consolidated balances in the second year following the acquisition Assume that your company acquired a subsidiary on January 1, 2012. The purchase price was $550,000 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:

[A] Asset	Original Amount	Original Useful Life (years)
Property, plant and equipment (PPE), net	$275,000	20
Goodwill	275,000	Indefinite
	$550,000

The AAP asset relating to undervalued PPE with a 20-year useful life has been depreciated as part of the parent's equity method accounting. The financial statements of the parent and its subsidiary for the year ended December 31, 2013, are as follows:

Parent	Subsidiary			Parent	Subsidiary
Income statement:				Balance sheet:
Sales	$5,500,000	$1,215,000		Assets
Cost of goods sold	-3,960,000	-720,000		Cash	$1,011,800	$324,200
							Gross profit	1,540,000	495,000		Accounts receivable	1,393,000	278,400
							Equity income	169,250			Inventory	2,134,000	357,600
Operating expenses	-825,000	-312,000		Equity investment	1,480,300
							Net income	$884,250	$183,000		Property, plant and equipment (PPE), net	11,365,200	661,600
																			$17,384,300	$1,621,800

Statement of retained earnings:
BOY retained earnings	$3,663,050	$620,000		Liabilities and stockholders' equity
Net income	884,250	183,000		Accounts payable	$805,200	$114,400
Dividends	-189,850	-25,200		Accrued liabilities	957,000	149,600
							Ending retained earnings	$4,357,450	$777,800		Long-term liabilities	7,000,000	400,000
																		Common stock	497,450	80,000
				APIC	3,767,200	100,000
				Retained earnings	4,357,450	777,800
												$17,384,300	$1,621,800

At what amount will the following accounts appear on the consolidated financial statements?

a.	Sales
b.	Equity income
c.	Operating expenses
d.	Accounts receivable
e.	Equity investment
f.	Property plant and equipment (PPE) net
g.	Goodwill
h.	Common stock
i.	Retained earnings