help finding question B upstream and C only need 2 #s of 75% idk how to get them

Consolidation subsequent to date of acquisition-Equity method with noncontrolling interest, AAP, and gain on upstream intercompany equipment sale A parent company acquired its 75% interest in its subsidiary on January 1, 2008. On the acquisition date, the total fair value of the controlling interest and the noncontrolling interest was $350,000 in excess of the book value of the subsidiary's Stockholders' Equity. All of that excess was allocated to a Royalty Agreement which had a zero book value in the subsidiary's financial statements (i.e., there is no Goodwill). The Royalty Agreement has a 7 year estimated remaining economic life on the acquisition date. Both companies use straight line depreciation and amortization, with no salvage value. In January 2011, the subsidiary sold Equipment to the parent for a cash price of $245,000. The subsidiary acquired the equipment at a cost of $480000 and depreciated the equipment over its 10-year useful life using the straight-line method (no salvage value). The subsidiary had depreciated the equipment for 6 years at the time of sale. The parent retained the depreciation policy of the subsidiary and depreciated the equipment over its remaining 4 year useful life Following are financial statements of the parent and its subsidiary for the year ended December 31, 2013. The parent uses the equity method to account for its Equity Investment. Parent Subsidiary Parent Subsidiary Income statement: Balance sheet: Sales $3,380,000 $876,000 Assets Cost of goods sold (2,433,600) (525,600) Cash $684,595 $243,272 Gross Accounts 946,400 350,400 receivable 591,500 376,680 profit Income (loss) from subsidiary Operating expenses 64,418 Inventory 878,800 481,800 (507.000) 3,400,280 902,280 Net (227.760) PPE, net Equity 122,640 investment income $503,818 437,531 $5,992,706 $2,004,032 $341,380 $155,928 Statement of retained earnings: Liabilities BOY and retained stockholders' earnings $1,812,627 $197.100 equity Net Accounts income 503,818 122,640 payable Other current Dividends (112,471) (17,520) liabilities retained Long-term earnings $2,203,974 $302,220 liabilities Common stock 402,220 201,480 1.500,000 1.100.000 186, 914 108,624 APIC 1358218 135,780 Retained earnings 2209 94 202 220 $5.992 708 $2004.032 Unamortized 1/1/2010 2009 Amortization 2012 2010 Amortization Do not use negative signs with your answers in part a. Unamortized Unamortized AAP 2008 AAP 1/1/2008 Amortization 1/1/2009 Royalty agreement 350000 50000 300000 Controlling interest: Royalty agreement 262500 37500 225000 Noncontrolling interest: Royalty agreement 87500 12500 75000 Unamortized AAP 1/1/2011 200000 2011 Amortization 150000 Unamortized 1/1/2012 50000 Unamortized AAP 1/1/2013 50000 Unamortiz AAP 1/1/2014 500 2013 Amortization 50000 Amortization 100000 50000 250000 50000 37500 187500 37500 150000 37500 112500 37500 75000 37500 375 12500 62500 12500 50000 12500 37500 12500 25000 12500 1256 b. Calculate and organize the profits and losses on intercompany transactions and balances. Use negative signs with answers that are reductions. Downstream Upstream Net intercompany profit deferred at 1/1/13 0 23500 Less: Deferred intercompany profit recognized during 2013 - 22150 Net intercompany profit deferred at 12/31/13 1350 0 0 c. Compute the pre-consolidation Equity Investment account beginning and ending balances starting with the stockholders' equity of the subsidiary. Use negative signs with answers that are deductions. Equity investment at 1/1/13: Common stock 81468 APIC 101835 1359470 Retained earnings Unamortized AAP Less: 75% of upstream deferred intercompany profits 75000 0 0 Equity investment at 12/31/13: Common stock APIC 81468 101835 226665 Retained earnings Unamortized AAP Less: 7596 of upstream deferred intercompany profits 37500 0