e. Prepare the consolidated spreadsheet for the year ended December 31, 2016. IsesandDividends.. b. Show the computation to yield the $139,150 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 \$1,580,550 Equity Investment account balance reported by the parent at December 31, 2016. Do not use negative signs with your answers. d. Prepare the consolidation entries for the year ended December 31, 2016. Consolidation several years subsequent to date of acquisition-Equity method was assigned to the following [A] assets: \begin{tabular}{|l||r||r|r|r|} \multicolumn{1}{|c|}{ [A] Asset } & \multicolumn{2}{c|}{OriginalAmount} & OriginalUsefulLife \\ \hline Property, plant and equipment (PPE), net & $140,000 & 16 & years \\ \hline Patent & 245,000 & 7 & years \\ \hline License & 105,000 & 10 & years \\ \hline Goodwill & 225,000 & Indefinite \\ \hline & & $715,000 & & \\ \hline \end{tabular} has not been found to be impaired. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows: e. Prepare the consolidated spreadsheet for the year ended December 31, 2016. IsesandDividends.. b. Show the computation to yield the $139,150 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 \$1,580,550 Equity Investment account balance reported by the parent at December 31, 2016. Do not use negative signs with your answers. d. Prepare the consolidation entries for the year ended December 31, 2016. Consolidation several years subsequent to date of acquisition-Equity method was assigned to the following [A] assets: \begin{tabular}{|l||r||r|r|r|} \multicolumn{1}{|c|}{ [A] Asset } & \multicolumn{2}{c|}{OriginalAmount} & OriginalUsefulLife \\ \hline Property, plant and equipment (PPE), net & $140,000 & 16 & years \\ \hline Patent & 245,000 & 7 & years \\ \hline License & 105,000 & 10 & years \\ \hline Goodwill & 225,000 & Indefinite \\ \hline & & $715,000 & & \\ \hline \end{tabular} has not been found to be impaired. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows