J. Retained earnlllg on-Equity e. Equity investment Assume that your company acquired a subsidiary on January 1, 2013. The purchase price $1,463,000 in excess of the subsidiary's book value of Stockholders' Equity on the acquisition date, 39. Determi method ining ending consolidated balances in the fourth year following the acquisition that excess was assigned to the following [A] assets: Original Original Amount Useful Life A] Asset .496,000 355,000 $ 612,000 12 years 8 years Indefinite $1,463,000 The [A] assets with a useful life have been amortized as part of the parent's equity method accounting. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows