Help Seve & Exit Howard Co. acquired all of Bison Co.'s outstanding stock on 01/01/2020, for $328,100 in cash (.e., Bison is now a wholly owned subsidiary). Bison had a carrying value of $256,100 on the date of acquision (01/01/2020), Equipment (with an 8 year remaining life) was undervalued by $68,800 on the sub's (Bison) financial records and a building with a 20 year remaining life was overvalued by $17,900. Subsequent to the acquisition, Bison reported the following: 2020 2021 2022 Net Income $53,500 63,500 34,500 Dividends Declared $10,000 40,000 20,000 Howard uses the equity method to account for its investment in Bison Co.. The chart below higlights selected accounts taken from the financial records of Howard and Bison as of 12/31/2022: Revenues-operating Expenses Equipment (net) 128,500 85,500 Howard Co. $(385,000) Bison Co. 5(163,000) 260,000 414,000 250,000 94,500 (290,000) (67,500) (480,000) (259,000) Buildinge (net). Common stock Retained earnings, 12/31/22 Compute the following balances as of 12/31/2022: (Input all amounts as positive values.) a. Investment in Bison Co b. Equity in Subsidiary Earnings 9 Consolidated Net Income d. Consolidated Equipment (net) Consolidated Buildings (net) f Consolidated Goodwill (net) O Consolidated Common Stock h Cananliratat Ratainart Earnings 19/11/29 Amounts Help Howard Co. acquired all of Bison Co.'s outstanding stock on 01/01/2020, for $328,100 in cash (ie., Bison is now a wholly owned subsidiary). Bison had a carrying value of $256,100 on the date of acquision (01/01/2020). Equipment (with an 8 year remaining life) was undervalued by $68,800 on the sub's (Bison) financial records and a building with a 20 year remaining life was overvalued by $17,900. Subsequent to the acquisition, Bison reported the following: 2020 2021 2022 Net Income 53,500 63,500 Dividends Declared $10,000 34,500 40,000 20,000 Howard uses the equity method to account for its investment in Bison Co. The chart below higlights selected accounts taken from the financial records of Howard and Bison as of 12/31/2022: Revenues-operating Expenses Equipment (net) Buildings (net) Common stock Retained earnings, 12/31/22 Howard Co. Bison Co. $(385,000) $(163,000) 260,000 128,500 414,000 85,500 250,000 94,500 (290,000) (67,500) (480,000) (259,000) Compute the following balances as of 12/31/2022: (Input all amounts as positive values.) Amounts C. a. Investment in Bison Co. b. Equity in Subsidiary Eamings Consolidated Net Income $ 386,485 $ 26,795 $ 151,795 d. Consolidated Equipment (net) $ 542,500 0. Consolidated Buildings (net) f Consolidated Goodwill (net) Consolidated Common Stock h. Consolidated Retained Earnings, 12/31/22 $ 329,285 $ 290,000 $480,000