On December 31, 2021, each company submitted the following financial statements for consolidation. Dividends were declared and paid in the same period.

	Brooks Corp.				Chandler Inc.
Income Statement
Revenues	$	(625,000	)		$	(644,000	)
Cost of goods sold		250,000				184,000
Gain on bargain purchase		(128,000	)			0
Depreciation and amortization		135,000				171,000
Equity earnings from Chandler		(252,000	)			0
Net income	$	(620,000	)		$	(289,000	)
Statement of Retained Earnings
Retained earnings, 1/1	$	(1,840,000	)		$	(847,500	)
Net income (above)		(620,000	)			(289,000	)
Dividends declared		200,000				50,000
Retained earnings, 12/31	$	(2,260,000	)		$	(1,086,500	)
Balance Sheet
Current assets	$	336,500			$	415,500
Investment in Chandler		1,571,500				0
Trademarks		118,000				272,000
Patented technology		303,000				452,000
Equipment		675,000				382,000
Total assets	$	3,004,000			$	1,521,500
Liabilities	$	(209,000	)		$	(135,000	)
Common stock		(535,000	)			(300,000	)
Retained earnings, 12/31		(2,260,000	)			(1,086,500	)
Total liabilities and equity	$	(3,004,000	)		$	(1,521,500	)

a. What balance does Haynes's Investment in Turner account show on December 31,2021 , when the equity method is applied? b. What is the consolidated net income for the year ending December 31,2021 ? c-1. What is the consolidated equipment balance as of December 31, 2021? c-2. Would this answer be affected by the investment method applied by the parent? Prepare entry C for the beginning of the Retained Earnings account on a December 31,2021 by using initial value, partial equity a equity method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Consolidation Worksheet Entries Prepare entry C if the parent used the initial value method. Note: Enter debits before credits