Jaymes Inc. acquired all of haron Co.'s connon stock on January 1 , 2010, by issuing 11,000 shares of $1 par value common stock. Jaynes' shares had a $17 per share fair value. On that date, Aaron reported a net book value of $120,000. However, its equipnent (with a five-year renaining life) was undervalued by $6,000 in the company' 5 accounting records. Any excess of consideration transferred over fair value of assets and liabilities is assigned to an unrecorded patent to be anortized over ten years. The following figures came from the individual accounting records of these two companies as of December 31,2010: The following figures came from the individual accounting records of these two companies as of December 31,2011 (1) What was consolidated equipment as of December 31, 2011 ? (2) What was consolidated net income for the year ended December 31 , 2011? (3) What was the total for consolidated patents as of December 31 , 2011