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Please explain the solution process please! Zooming in helps to see the numbers. Thanks in advance! :) You will use the following information to answer

Please explain the solution process please! Zooming in helps to see the numbers. Thanks in advance! :)

image text in transcribedimage text in transcribed You will use the following information to answer a series of three questions. This is the 1 st of three questions. Capital, $38,500, and Retained Earnings, $136,500. On the acquisition date, the excess was assigned to the following AAP assets: The Goodwill asset has not been found to be impaired. and 2019: subsidiary paid $1,000 and $10,500 for dividends in 2018 and 2019 . The amount of the [ADJ] consolidation entry to be included in the consolidation worksheet for the year ended December 31,2018 subsidiary paid $1,000 and $10,500 for dividends in 2018 and 2019 . The amount of the [ADJ] consolidation entry to be included in the consolidation worksheet for the year ended December 31,2018 Select one: a. 7500 b. 0 c. 3000x d. 4500 e. 5500

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