Kristen Bui Assume that an investor acquired 100% of the investee on combination. As a result of the acquisition, the investor recognized no goodwilland no bargain purchase gain in the post acquisition consolidated financial statements (.e all of the resulting Acquisition Accounting Premium relates to identiflable net assets) The investor uses the account for its pre-consolidation investment in the investee. In addition, there are no ollowing summarized pre-consoldation financial statement information is for the year ending December 31, 2016 voting common stock of an investee on January 1, 2009 in a transaction that qualfies as a business uses the equity method to intercompany transactions between the investor and investee. The i 1.920co 20.000 41,2s.coc' 760.000 $256,000 Experses Consolidaned net inconme NC 128000, 28.000 760:000 1 Statement of Retained Earnings 601,600 $32.000 December 3 1.3100 $128000 32 000 1406240 32000 8