Determining ending consolidated balances in the second year following the acquisitionCost method Assume a parent company acquired a subsidiary on January 1, 2015, for $2,036,000. The purchase price was $916,200 in excess of the subsidiarys $1,119,800 book value of Stockholders Equity on the acquisition date. Of this excess purchase price, $452,000 was assigned to Property, plant and equipment with a remaining economic useful life of 10 years, and $464,200 was assigned to Goodwill. On the acquisition date, the subsidiary reported retained earnings equal to $847,550. The parent uses the cost method of pre-consolidation Equity investment bookkeeping. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows:

	Parent	Subsidiary			Parent	Subsidiary
Income statement				Balance sheet
Sales	$8,318,750	$1,865,000		Assets
Cost of goods sold	(5,989,500)	(1,089,000)		Cash	$1,567,280	$468,600
Gross profit	2,329,250	776,000		Accounts receivable	2,462,900	421,300
Equity income	37,400	-		Inventory	3,326,850	540,650
Operating expenses	(1,247,840)	(521,900)		Equity investment	2,036,000	-
Net income	$1,118,810	$254,100		Property, plant & equipment	17,189,920	1,000,450
Statement of retained earnings					$26,582,950	$2,431,000
BOY retained earnings	5,801,070	937,750		Liabilities and stockholders' equity
Net income	1,118,810	254,100		Accounts payable	$1,217,920	$173,030
Dividends	(262,570)	(37,400)		Accrued liabilities	1,447,270	226,270
Ending retained earnings	$6,657,310	$1,154,450		Long-term liabilities	10,587,500	605,000
				Common stock	875,060	121,000
				APIC	5,797,890	151,250
				Retained earnings	6,657,310	1,154,450
					$26,582,950	$2,431,000

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

a.	Sales
b.	Investment income
c.	Operating expenses
d.	Inventories
e.	Equity investment
f.	Property, plant & equipment, net
g.	Goodwill
h.	Common stock
i.	Retained earnings