P Inc. purchased 82% of the voting shares of S Inc for $629,946 cash on January 1, year 2. P recorded Investment in S at cost.

The Balance Sheet of P Inc. & S Inc. for year 5 showed the following balances

P Inc. S Inc.

Investment $629,946 $69,594

What is the amount for Investment on Consolidated Balance Sheet of P Inc. for year5?

P Inc. purchased 82% of the voting shares of S Inc for $629,946 cash on January 1, year 2. P recorded Investment in S at cost.

The Balance Sheet of P Inc. & S Inc. for year 5 showed the following balances

P Inc. S Inc.

Investment $629,946 $69,594

What is the amount for Investment on Consolidated Balance Sheet of P Inc. for year5?

P Inc. acquired 85% voting shares of S Inc. on January 1, year 2.

During year 5, P sold to S inventory with selling price $71,720 with original cost of $27,332. Only 39% of this merchandise is still remaining in the ending inventory of S.

During year 4, S sold inventory to P for $64,595 with original cost of $37,462. Of this merchandise, 20% had not been resold to outside parties in year 4 and were eventually sold during January year 5.

The Balance Sheet of P Inc. & S Inc. for year 5 showed the following balances

P Inc. S Inc.

Inventory $166,089 $144,707

What is the amount for Inventory on Consolidated Balance Sheet of P Inc. for year 5?

P Inc. purchased 70% of the voting shares of S Inc for $800,000 cash on January 1, year 2.

The Statement of Earnings of P Inc. & S Inc. for year 5 showed the following balances

P Inc. S Inc.

Sales $4,860,590 $436,857

During year 5, S sold $49,999 of inventory to P Inc., and P Inc. sold $71,766 to S Inc.

What is the amount of Sales on Consolidated Statements of Earnings of P Inc. for year ended year 5?