Please answer all 4 questions and label letters...........................................................

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Supplemental Problem 4-1 Parent Corporation purchased 60% of Subsidiary Company's common stock on January 1 , 2017 for $307,500, which reflected 60% of Subsidiary's total fair value at this date. Additional information at the acquisition date was: Subsidiary's balances were: common stock $250,000 and retained earnings $150,000. The fair value of noncontrolling interest was $205,000. Subsidiary's land had a book value of $22,500 and fair value of $30,000; equipment had a book value of $320,000 and fair value of $360,000; patepts had a book value of $0 and fair value of $15,000. The equipment had a remaining economic life of 8 years and patents had a remaining useful life of 10 years. The implied fair value of goodwill at the end of 2019 was $30,000. Subsidiary reported the following net income and dividend payments: Year 2017 2018 2019 Required: Net Income $45,000 55,000 30,000 Dividends Paid $25,000 35,000 10,ooo (a) Prepare the consolidation adjusting and eliminating entries at the January 1, 2017 acquisition date in general journal format. (b) Prepare Parent's equity method journal entries to account for its Investment in Subsidiary for 2019. (c) Calculate Parent's Investment in Sub balance at December 31, 2019. (d) Prepare the consolidation adjusting and eliminating entries at December 31, 2019 in general journal format.