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On 1/1/19, Goldfish purchased 45% of Chex Company's common stock for $630,000. Goldfish's book value of equity at that date consisted of $200,000 common stock

On 1/1/19, Goldfish purchased 45% of Chex Company's common stock for $630,000. Goldfish's book value of equity at that date consisted of $200,000 common stock and $500,000 retained earnings.

On 1/1/19, any difference between the fair value of stock and book value of equity of Goldfish's stock is attributable to land undervalued on the books by $100,000, equipment overvalued on the books by $300,000, unrecorded customer database with a fair value of $600,000, and the remainder of the difference is attributable to goodwill.

The equipment has a 10-year remaining life at 1/1/19 and the customer database's estimated life on 1/1/9 is 6 years.

During 2019, Goldfish's reported income of $150,000 and paid dividends of $50,000. The fair value of Chex's investment in Goldfish's stock on 12/31/19 is $750,000.

Assuming that Chex is an important vendor to Goldfish and that its ownership percentage allows membership on Goldfish's board of directors, answer the following questions (use the $XXX,XXX format). Round to the nearest dollar.

a. The total asset amount related to the Investment in Goldfish on Chex's 12/31/2019 balance sheet is _________

b. The Goldfish investment increased Chex's net income in 2019 by _________

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