Parkovash, Incorporated, obtained 100 percent of Salerno Company's common stock on January 1, 2023, by issuing 8,800 shares of $10 par value common stock. Parkovash's shares had a $15 per share fair value. On that date, Salerno reported a net book value of $86,450. However, its equipment (with a 5 -year remaining life) was undervalued by $7,350 in the company's accounting records. Also, Salerno had developed computer software with an assessed value of $38,200, although no value had been recorded on Salerno's books. The computer software had an estimated remaining useful life of 10 years. The following balances come from the individual accounting records of these two companies as of December 31, 2023: The following balances come from the individual accounting records of these two companies as of December 31, 2024: Required: a. What balance does Parkovash's Investment in Salerno account show on December 31, 2024, when the equity method is applied? b. What is the consolidated net income for the year ending December 31,2024? c-1. What is the consolidated equipment balance as of December 31,2024? c-2. Would this answer be affected by the investment method applied by the parent? d. Prepare entry C for the beginning of the Retained Earnings account on a December 31, 2024 by using initial value, partial equity and equity method