Miller Company acquired an 80 percent Interest In Taylor Company on January 1, 2016. MIller pald $776,000 In cash to the owners of Taylor to acquire these shares. In addition, the remalning 20 percent of Taylor shares continued to trade at a total value of $194,000 both before and after Miller's acquisition. On January 1, 2016, Taylor reported a book value of $580,000 (Common Stock $290,000, Additional Paid-In Capltal $87,000; Retained Earnings $203,000). Several of Taylor's buildings that had a remaining life of 20 years were undervalued by a total of $77,400. = During the next three years, Taylor reports Income and declares dividends as follows: Dividends Year Net Income 9, 900 2016 68, 100 2017 89, 100 14, 900 2018 99, 300 19, 900 Determine the approprlate answers for each of the following questlons: a. What amount of excess depreclation expense should be recognized In the consollidated financlal statements for the Inltlal years following this acquisition? b. If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized? c. If a consolidation worksheet is prepared as of January 1, 2016, what Entry S and Entry A should be included? dl. On the separate financial records of the parent company, what amount of investment income would be reported for 2016 under each of the following accounting methods? The equlty method. The partlal equity method. The Initlal value method. e. On the parent company's separate financlal records, what would be the December 31, 2018, balance for the Investment In Taylor Company account under each of the following accounting methods? e. On the parent company's separate financlal records, what would be the December 31, 2018, balance for the Investment In Company account under each of the following accounting methods? Taylor The equity method. The partlal equity method. The Initial value method. f. As of December 31, 2017, Miller's Bulldings account on Its separate records has a balance of $796,000 and Taylor has a similar account with a $298,500 balance. What Is the consollidated balance for the Buldings account? g. What Is the balance of consolidated goodwill as of December 31, 2018? h. Assume that the parent company has been applying the equity method to this investment. On December 31, 2018, the separate financlal statements for the two companles present the following information: Miller Taylor Company 290, 000 Company $ 497,500 278, 600 Common stock Additional pai d-in capital Retained earnings, 12/31/18 87, 000 616, 900 414, 800 What will be the consolidated balance of each of these accounts? Complete this question by entering your answers in the tabs below. Req A and Req D and Req F and Req C Req H G a.What amount of excess depreciation expense should be recognized in the consolidated financial statements for the initial years following this acquisition? b. If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized