just need help with D and E

5 Foxx Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2019, for $600.000 cash Greenburg's accounting records showed net assets on that date of $470,000, although equipment with a 10-year remaining life was undervalued on the records by $90,000. Any recognized goodwil is considered to have an indefinite life Greenburg reports net income in 2019 of $90,000 and $100,000 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 Greenburit Revenues $ (800,000) $(600,000) Cost of goods sold 100.000 150,000 Depreciation expense 300,000 350.000 Investment income (20,000 Net Income 5 (420,000 $(100,000) Retained earning, 1/1/21 5(1,100,000) $(320,000) Net Income (429,000 (100,000) Dividends declared 120.000 20.000 Betained earnings, 12/31/21 $(1,400,000) $(400,000) Current assets 300,000 100,000 Investment in subsidiary 600,000 Equipment (net) 900,000 Buildings (net) 400,000 Land 600, Total Assets $ 3,200,000 $ 1.200.000 Labrities (900,000 5 (500,000) Con stock (900,000 (300.000 Retained earnings (1.400.000 (400.000 Total libilities and equity (3,200,000) $(1,200,000) rences 5 5 00.000 800,000 100,000 o. 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. Not Equipment 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 Complete this question by entering your answers in the tabs below. Rega Reg B and C Reg D and E d. Determine parent's investment income for 2011 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? d. Investment e. Retained Income Earnings Initial value method Partial equilty method Equity method