On January 1, 2020, Archer, Incorporated, paid $100,000 for a 30% interest in Harley Corporation. This investee had assets with a book value of $555,000 and liabilities of $300,000. A patent held by Harley having a book value of $10,000 was actually worth $40,000 with a three-year remaining life. Any goodwill associated with this acquisition is considered to have an indefinite life. During 2020, Harley reported net income of $50,000 and paid dividends of $20,000 while in 2021 it reported net income of $75,000 and dividends of $30,000. Assume Archer has the ability to significantly influence the operations of Harley. The amount allocated to goodwill at January 1, 2020, is A The equity in income of Harley for 2020, is A/ The equity in income of Harley for 2021, is The balance in the Investment in Harley account at December 31, 2020, is A The balance in the Investment in Harley account at December 31, 2021, is A/