Greenburg reports net income in 2019 of $105,000 and $137,500 in 2020. The subsidiary declared dividends of $20,000 in each of these two years. Account balances for the year ending December 31, 2021, follow. Credit balances are indicated by parentheses. Greenburg $ (620,000) 155,000 440,000 Revenues Cost of goods sold Depreciation expense Investment income Net income Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 Current assets Investment in subsidiary Equipment (net) Buildings (net) Land Total assets Liabilities Common stock Retained earnings Total liabilities and equity Foxx $(1,164,000) 145,500 358,000 (20,000) $ (680,500) $(1,160,000) (680,500) 120,000 $(1,720,500) $ 373,000 586,000 1,082,000 964,000 626,000 $ 3,631,000 $(1,010,500) (900,000) (1,720,500) $(3,631,000) $ (25,000) $ (342,500) (25,000) 20,000 $ (347,500) $ 194,000 676,000 594,000 140,000 $ 1,604,000 $ (956,500) (300,000) (347,500) $(1,604,000) a. Determine the December 31, 2021, consolidated balance for each of the following accounts: Depreciation Expense Dividends Declared Revenues Equipment Buildings Goodwill Common Stock b. How does the parent's choice of an accounting method for its investment affect the balances computed in requirement (a)? c. Which method of accounting for this subsidiary is the parent actually using for internal reporting purposes? d. Determine parent's investment income for 2021 under partial equity method and equity method. e. What would be Foxx's balance for retained earnings as of January 1, 2021, if each of the following methods had been in use? Initial value method. Partial equity method. Equity method. . Req A Req B and C Reg D and E Determine the December 31, 2021, consolidate values.) Consolidated Balances Depreciation expense Dividends declared Revenues Equipment Buildings Goodwill Common stock Reg A Req B and C Reg D and E d. Determine parent's investment income for 2021 under pa e. What would be Foxx's balance for retained earnings as of use? e. d. Investment Income Retained Earnings Initial value method Partial equity method Equity method