Miller Company acquired an 80 percent interest in Taylor Company on January 1, 2019. Miller paid $920,000 in cash to the owners of Taylor to acquire these shares. In addition, the remaining 20 percent of Taylor shares continued to trade at a total value of $230,000 both before and after Miller's acquisition. On January 1, 2019, Taylor reported a book value of $564,000 (Common Stock = $282,000; Additional Paid-In Capital = $84,600; Retained Earnings = $197,400). Several of Taylor's buildings that had a remaining life of 20 years were undervalued by a total of $75,100. During the next three years, Taylor reports income and declares dividends as follows: Year 2019 2020 2021 Net Income $ 65,800 85,500 95,300 Dividends $ 9,500 14,300 19,100 Req A and B Reqc Req D and E Req F and G Req H If a consolidation worksheet is prepared as of January 1, 2019, what Entry S and Entry A should be included? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date Accounts Debit Credit 1 282,000 84,600 January 01, 2019 Common stock - Taylor Additional paid-in capital - Taylor Retained earnings - Taylor Investment in Taylor Noncontrolling interest in Taylor 197,400 451,200 112,800 2 January 01, 2019 Buildings 75,100 306,900 X Goodwill Investment in Taylor Noncontrolling interest in Taylor 305,600 76,400 X Req A and B Reqc Req D and E Req F and G ReqH Assume that the parent company has been applying the equity method to this investment. On December 31, 2021, the separate financial statements for the two companies present the following information: Common stock Additional paid-in capital Retained earnings, 12/31/21 Miller Company $ 477,500 267,400 592,100 Taylor Company $ 282,000 84,600 401,100 What will be the consolidated balance of each of these accounts? Show less A Common stock Additional paid-in capital Retained earnings, 12/31/21 Daande Req A and B Reqc Req D and E Req F and G ReqH f. As of December 31, 2020, Miller's Buildings account on its separate records has a balance of $764,000 and Taylor has a similar account with a $286,500 balance. What is the consolidated balance for the Buildings account? g. What is the balance of consolidated goodwill as of December 31, 2021? f. $ 1,125,600 Consolidated balance Consolidated balance g. Req A and B Reqc Req D and E Req F and G ReqH Assume that the parent company has been applying the equity method to this investment. On December 31, 2021, the separate financial statements for the two companies present the following information: Common stock Additional paid-in capital Retained earnings, 12/31/21 Miller Company $ 477,500 267,400 592,100 Taylor Company $ 282,000 84,600 401,100 What will be the consolidated balance of each of these accounts? Show less A Common stock Additional paid-in capital Retained earnings, 12/31/21 Daande Req A and B Reqc Req D and E Req F and G ReqH f. As of December 31, 2020, Miller's Buildings account on its separate records has a balance of $764,000 and Taylor has a similar account with a $286,500 balance. What is the consolidated balance for the Buildings account? g. What is the balance of consolidated goodwill as of December 31, 2021? f. $ 1,125,600 Consolidated balance Consolidated balance g.