On January 1, 2021, Gooch Company acquires 80% of the outstanding common stock of House Inc, for a purchase price of $12,400,000. It was determined that the fair value of the noncontrolling interest in the subsidiary is 53,100,000. The book value of the House's stockholders equity on the date of acquisition is 510,000,000 and its fair value of identifiable net assets is $10,850,000. The acquisition date acquisition accounting premium (AAP) is allocated 5600,000 to equipment with a remaining useful life of 10 years, and $250,000 to a patent with a remaining useful life of 5 years Assume that during the year ended December 31, 2021, House reports net income of 5950,000 and pays dividends of $150,000, Gooch uses the equlty method to account for its investment in House Determine the December 31, 2021 ending balance in Gooch Company's pre-consolidation equity investment account. Select one A $13,090,000 B. $13,040,000 C. 512 400,000 D. $12.952.000