On January 1, 2013, Telconnect acquires 70 percent of Bandmor for $490,000 cash. The remaining 30 percent of Bandmor's shares continued to trade at a total value of $210,000.The new subsidiary reported common stock of $300,000 on that date, with retained earnings of $180,000. A patent was undervalued in the company's financial records by $30,000. This patent had a 5-year remaining life Goodwill of $190,000 was recognized and allocated proportionately to the controlling and noncontrolling interests. Bandmor earns net income and declares cash dividends as follows. On December 31, 2015. Telconnect owes $22,000 to Bandmor. If Telconnect has applied the equity method, what consolidation entries are needed as of December 31, 2015? If Telconnect has applied the initial value method, what Entry *C is needed for a 2015 consolidation? If Telconnect has applied the partial equity method, what Entry *C is needed for a 2015 consolidation? What noncontrolling interest balances will appear in consolidated financial statements for 2015