On January 1, CULO, Pearson Company acquired all of sundisk Company's voting Stock for $20, 0OU IN cash . Sundisk's total shareholders' equity at January 1 , 2018 was $ 5 , 000 . Some of Sundisk's assets and liabilities at the date of acquisition had fair values that were different from reported values , as follows :" Book Value Fair Value Plant assets , net ( 10 years , straight- line ) $ 15 , 000 $ 10, 000 Identifiable intangibles ( indefinite life )! 9. 000 It is now December 31 , 2020 13 years later ) . Impairment of recognized identifiable intangibles totals $ 400 for 2018 and 2019 , and there is no impairment in 2020 . There is no goodwill impairment as of the beginning of 2020 , but goodwill impairment for 2020 is $1 , 200 . Pearson uses the complete equity method to account for its investment . December 31 , 2020 trial balances for Pearson and Sundisk follow :" Pearson Sundisk DY ( Cr ) Dr ( Cr ) Current assets $ 5, 000 $ 2. 500 Plant assets , net 28. 700 22, 000 Identifiable intangibles Investment in Sundisk 28. 400 Goodwill Liabilities (20 , 300 ) ( 1 1 , 000 ) Capital stock 15 , 000 ) 12, 000 ) Retained earnings , beginning 25, 000 ) 10 , 000 ) Sales revenue 125 , 000 ) 14 , 000 ) Equity in net income of Sundisk ( 800 ) Cost of goods sold 20, 000 9, 000 Operating expenses 4. 000 3.500 $ O Provide consolidated financial statements for December 31 , 2020 . In your answer sheet , provide ONLY the consolidated financial statements . Do NOT show your work