Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2016, for $781,000 cash. Greenburg's accounting records showed net assets on that date of $586,000, although equipment with a 10-year life was undervalued on the records by $145,000. Any recognized goodwill is considered to have an indefinite life. Greenburg reports net income in 2016 of $95,500 and $128,000 in 2017. The subsidiary declared dividends of $20,000 in each of these two years. Account balances for the year ending December 31, 2018, follow. Credit balances are indicated by parentheses. Revenues Cost of goods sold Depreciation expense Investment income Net income Retained earnings, 1/1/18 Net income Dividends declared Retained earnings, 12/31/18 Current assets. Investment in subsidiary Equipment (net) Buildings (net) Land Total assets Liabilities Common stock Retained earnings Total liabilities and equity Depreciation Expense Dividends Declared Foxx $(1,180,000) 147,500 306,000 (20,000) Buildings Goodwill $ (746,500) $(1,290,000) (746,500) 120,000 $(1,916,500) $ 336,000 781,000 908,000 862,000 722,000 3,609,000 $ $ (792,500) (900,000) (1,916,500) $ (3,609,000) $ es Greenburg $ (145,000) $ (469,500) (145,000) 20,000 (594,500) 161,000 $ (684,000) 171,000 368,000 O 0 750,000 512,000 125,000 $ 1,548,000 a. Determine the December 31, 2018, consolidated balance for each of the following accounts: $ (653,500) (300,000) (594,500) $(1,548,000) ***

Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2016, for $781,000 cash. Greenburg's accounting records showed net assets on that date of $586,000, although equipment with a 10-year life was undervalued on the records by $145,000. Any recognized goodwill is considered to have an indefinite life. Greenburg reports net income in 2016 of $95,500 and $128,000 in 2017 . The subsidiary declared dividends of $20,000 in each of these two years. Account balances for the year ending December 31,2018 , follow. Credit balances are indicated by parentheses. a. Determine the December 31,2018 , consolidated balance for each of the foliowing accounts