On January 1,2023, P Company paid $800,000 for an 80% ownership interest in S Company. P bought the shares at the same price at which S's shares were trading on the open market. Therefore, the initial NCI in Net Assets of Subsidiary is $200,000. For the year ending December 31,2023 , S Company reported net earnings of $120,000. Excess annual amortization is $10,000. During 2023, S Company declared and paid cash dividends of $20,000. Penny uses the complete equity method to account for its ownership interest in Silver. a) What is the December 31, 2023 balance in Ps "Investment in SCo." Account? b) At December 31/2023, how much is reported in the consolidated balance sheet for NCl in Net Assets of Subsidiary? c) In the consolidated income statement for the year ending 12/31/23, how much is reported for NCI in Net Income of Subsidiary? On January 1,2023, P Company paid $800,000 for an 80% ownership interest in S Company. P bought the shares at the same price at which S's shares were trading on the open market. Therefore, the initial NCI in Net Assets of Subsidiary is $200,000. For the year ending December 31,2023 , S Company reported net earnings of $120,000. Excess annual amortization is $10,000. During 2023, S Company declared and paid cash dividends of $20,000. Penny uses the complete equity method to account for its ownership interest in Silver. a) What is the December 31, 2023 balance in Ps "Investment in SCo." Account? b) At December 31/2023, how much is reported in the consolidated balance sheet for NCl in Net Assets of Subsidiary? c) In the consolidated income statement for the year ending 12/31/23, how much is reported for NCI in Net Income of Subsidiary