On January 1, 2021, Brooks Corporation exchanged $1,336,000 fair-value consideration for all of the outstanding voting stock of Chandler, Ihc. At the acquisition date, Chandler had a book value equal to $1,135,000. Chandler's individual assets and liabilities had fair values equal to their respective book values except for the patented technology account, which was undervalued by $306,000 with an estimated remaining life of six years. The Chandler acquisition was Brooks's only business combination for the year. In case expected synergies did not materialize, Brooks Corporation wished to prepare for a potential future spin off of Chandler, Inc. Therefore, Brooks had Chandler maintain Its separate incorporation and independent accounting Information system as elements of continuing value. On December 31, 2021, each company submitted the following nancial statements for consolidation. Dividends were declared and paid In the same period. Brooks Corp. Chandler Inc. Income Statement Revenues S (552,666) 5 (621,666) Cost of goods sold 196,666 164,666 Gain on bargain purchase (165,666) 6 Depreciation and amortization 136,666 1?2,666 Equity earnings From Chandler (234,666) 6 Net income 5 (5552393) 5 (2359333) Statement of Retained Earnings Retained earnings, 1fl $(1,895,666) S (635,666) Net income (above) (555,666) (265,666) Dividends declared 366,666 66,666 Retained earnings, 12f31 $(2,156,666) SE1,666,666) Balance Sheet Current assets S 229,666 5 441,666 Investment in Chandler 1,615,666 6 Trademarks 114,666 293,666 Patented technology 326,666 446,666 Equipment 65?,666 363,666 Total assets 5 219451Bae 5 1.5575393 Liabilities 5 (256,666) 5 (193,666) Common stock (535,666) (366,666) Retained earnings, 12131 (2,156,666) (1,666,666) Total liabilities and equity $(2,945,666) $E1,55?,666) I NOTE: Parentheses indicate a credit balance. a. Determine the following account balances: - Gain on bargain purchase. - Earnings from Chandler. - lnvestmentin Chandler. 1:. Prepare a December 31, 2021, consolidated worksheet for Brooks and Chandler. v