Determining ending consolidated balances in the second year following the acquisition-Equity method Assume a parent company acquired a subsidiary on January 1, 2018. The purchase price was 3760,000 in excess of the subudhary's book value of Stockholders fowity on the acquisition de and that excess was assigned to the following Alasses Original Original Useful Life IA] Asset Amount years Property and equipment PPE 360.000 Goodwill 400.000 Inn 3700.000 The Past relating to undervalued PPE with a 12 year useful it has been deprecated as part of the parent's equity method accounting. The financial statements of the parent and is subsidiary for the year ended December 31, 2019, are as follows: Parent Subsidiary Parent Subsidiary incomatement Balance sheet 5.000.000 100.000 Cost of gods sold 0.000100.000 Cail 27,000 000 2,100.000 GOOGDO A 000 00 Equinea 170.000 we 2.00 Operating 1000 11.670.000 $200.000 open and 1000000 Statement of retained warning Ondan 50.000 200.000 Sind 210.0001 1120001 ALCU TRO Ending and 12400000 30000 Lane Woch ANC 12.000 2. 100 300 200.000 $ $ At what amount will the following accounts appear on the consolidated financial statements? Note: Do not use negative signs with your answers. Sales b. Equity income c Operating expenses d. Accounts receivable e Equity investment 1. Property plant and equipment (PPE) net s g Goodwill $ h. Common stock $ Retained earnings $ $ o o o o o o o o o $ Check