Kaye Company acquired 100% of Fiore Company on January 1, 2024. Kaye paid $1,000 excess consideration over book value, which is being amortized at $20 per year. There was no goodwill in the combination. Fiore reported net income of $400 in 2024 and paid dividends of $100.

Assume the partial equity method is used. In the year subsequent to acquisition, what additional worksheet entry must be made for consolidation purposes, but is not required for the equity method?

TransactionA)ExpensesInvestmentinFioreC)D)E)AccountTitleRetainedearningsInvestmentinFioreInvestmentinFioreRetainedearnings2020ExpensesRetainedearningsRetainedearningsAdditionalpaid-incapitalDebit20202020Credit202020