please answer all parts and do consolidation in the exact format provided

On January 1, 2017, Pinnacle Corporation exchanged $3,808,500 cash for 100 percent of the outstanding voting stock of Strata Corporation. On the acquisition date, Strata had the following balance sheet: $ Cash Accounts receivable Inventory Buildings (net) Licensing agreements 93,000 316,000 406,000 2,245,000 3,195,000 $ 6,255,000 Accounts payable Long-term debt Common stock Retained earnings 370,000 2,825.ee 1.500,000 1,560,000 $ 6,255,000 Pinnacle prepared the following fair-value allocation $ 3,828.500 3,000,000 748,500 Fair value of Strato (consideration transferred) Carrying amount acquired Excess fair value to buildings (undervalued) to licensing agreements (overvalued) to goodwill indefinite life) 131.000 37.000 441.500 S At the acquisition date, Strata's buildings had a 10-year remaining life and its licensing agreements were due to expire in 5 years. At December 31, 2018 Strata's accounts payable included an $84.000 current ability owed to Pinnacle Strata Corporation continues separate legal existence as a wholly owned subsidiary of Pinnacle with independent accounting records, Pinnacle employs the initial Value method in its internal accounting for its investment Th Strata Help Investment in Strata. 's internal investment accounting method have on its consolidated financial statements Complete this question by entering your answers in the tabs below. Required A Required B Required What effect does the parent's internal investment accounting method have on its consolidated financial statements? Effect of parents internal investment accounting method