Parent Co. Acquired 80% of subsidiary Co. for $300,000. On January 1, 2012 when subsidiarys book value was $280,000. The subsidiary stock was not actively traded. On the date of acquisitions, Subsidiary had equipment (with a 10 year life) that was undervalued in the financial records by $95,000. One year later, the following selected figures were reported by the two companies (stockholders equity account have been omitted). Additionally, no dividends have been paid.

---------------------------------------------Parent.Subsidiary

---------------------------------------------Book ValueBook value

Current assets & investment. 640,000..180,000

Buildings 150,000..120,000

Equipment...200,000..110,000

Liabilities(120,000).....(30,000)

Revenues...(900,000)(350,000)

Expenses.600,000..250,000

Investment income..Not given

e. What is the consolidated total for equipment (net) at December 31?

f. What is the consolidated total for buildings?