Patrick Corporation acquired 100 percent of O Brien Company's autstanding common stock on January 1 for $651,800 in cash. reported net assets with a carrying amourt of $359,000 at that time. Some of O'Brien's assets either were unrecorded (having internaly deweloped] or had fair values that differed from book values as follows: Any goodwill is considered to have an indefinite life with no impairment charges during the year. The follawing are financial statements at the end of the first year for these two companies prepared from their scparately maint. accounting systems. Orerien declared and paid dividends in the same period. Credit balances are indicated by parentheses. a. Which inwestment method did Patrick use to compute the $339940 incame from O'Brien? b. Determine the totals to be reported for this business combination for the year ending December 31. c. Verify the totals determined in part (b) by produding a consoldation worksheet for Patrick and Orerien for the year ending December 31 . Complete this question by entering your answers in the tabs below. Verify the totals determined in part (b) by producing a consolidation workshest for Patrick and o'Brien for the year ending December 31 . (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amourt in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Amounts in the Debit and Credit columns should be entered as positive. Input all amounts as positive values.]