Following are selected accounts for Mergaronite Company and Hill, Inc., as of December 31, 2018. Several of Mergaronites accounts have been omitted. Credit balances are indicated by parentheses. Dividends were declared and paid in the same period.

	Mergaronite	Hill
Revenues	$(600,000)	$(250,000)
Cost of goods sold	280,000	100,000
Depreciation expense	120,000	50,000
Investment income	Not given	NA
Retained earnings, 1/1/18	(900,000)	(600,000)
Dividends declared	130,000	40,000
Current assets	200,000	690,000
Land	300,000	90,000
Buildings (net)	500,000	140,000
Equipment (net)	200,000	250,000
Liabilities	(400,000)	(310,000)
Common stock	(300,000)	(40,000)
Additional paid-in capital	(50,000)	(160,000)

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Assume that Mergaronite took over Hill on January 1, 2014, by issuing 7,000 shares of common stock having a par value of $10 per share but a fair value of $100 each. On January 1, 2014, Hills land was undervalued by $20,000, its buildings were overvalued by $30,000, and equipment was undervalued by $60,000. The buildings had a 10-year remaining life; the equipment had a 5-year remaining life. A customer list with an appraised value of $100,000 was developed internally by Hill and was to be written off over a 20-year period.

a-What is the investment Income and the investment In Hill?

b- Accounts balances and explanations?