Following are the individual financial statements for Gibson and Davis for the year ending December 31, 2021 Gibson acquired 60 percent of Davis on April 1, 2021, for $595,350. On that date, equipment owned by Davis (with a five-year temaining life) was overvalued by $39,000. Also on that date, the fair value of the 40 percent noncontrolling interest was $396,900. Davis earned income evenly during the year but declared the $40,000 dividend on November 1,2021 . b. Determine the consolidated balance for each of the following accounts as of December 31,2U21 : Goodwill Equipment (net) Common stock Buildings (net) Dividends declared Complete this question by entering your answers in the tabs below. Prepare a consolidated income statement for the year ending December 31,2021 . (Enter all amounts as positive val Determine the consolidated balance for each of the following accounts as of December 31, 2021