Please help, having trouble figuring out increase in retained earnings and everything else.

Thank you

On January 1, 2014, Picante Corporation acquired 100 percent of the outstanding voting stock of Salsa Corporation for $1,990,500 cash. On the acquisition date, Salsa had the following balance sheet: Cash Accounts receivable Land Equipment (net) Accounts payable Long-term 196,000 debt Common 724,000 stock Retained 1,953,000 earnings $ 87,000 $2,960,000 $ 172,000 977,000 1,084,000 727,000 $2,960,000 At the acquisition date, the following allocation was prepared: Fair value of consideration $1,990,500 transferred Book value acquired 1,811,000 Excess fair value over book value To in-process research and 66,75 $ development 0 To equipment (8-year 96,80 remaining life) 0 To goodwill (indefinite life) 179,500 163,550 $ 15,950 Although at acquisition date Picante had expected $66,750 in future benefits from Salsa's in-process research and development project, by the end of 2014, it was apparent that the research project was a failure with no future economic benefits. On December 31, 2015, Picante and Salsa submitted the following trial balances for consolidation. There were no intra-entity payables on that date. Sales Cost of goods sold Depreciation expense Subsidiary income Net income Retained earnings 1/1/15 Net income Dividends declared Retained earnings 12/31/15 Cash Accounts receivable Inventory Investment in Salsa Land Equipment (net) Goodwill Total assets Accounts payable Picante Salsa $ (3,535,850)$(1,169,500) 1,640,000 745,000 552,750 170,500 (241,900) 0 $ ( 1,585,000)$ (254,000) $ (3,045,000)$ (974,000) (1,585,000) (254,000) 100,000 27,100 $ (4,530,000)$(1,200,900) $ 118,550 $ 156,900 913,000 240,000 940,000 587,000 2,373,450 0 3,490,000 716,000 5,127,500 1,805,000 295,000 0 $ 13,257,500 $ 3,504,900 $ (275,000)$ (413,000) Long-term debt Common stock Retained earnings 12/31/15 Total liabilities and equities (3,302,500) (807,000) (5,150,000) (1,084,000) (4,530,000) (1,200,900) $(13,257,500)$(3,504,900) Note: Parentheses indicate a credit balance. a. Determine the investment in Salsa account balance as on December 31, 2015. (Amounts to be deducted should be indicated by a minus sign.) c. Prepare a consolidated worksheet for Picante and Salsa as of December 31, 2015. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount 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.) PICANTE AND SUBSIDIARY SALSA Consolidated Worksheet For The Year Ended December 31, 2015 Consolidation Entries Accounts Picante Salsa Sales Cost of goods sold Depreciation expense Subsidiary income Net Income Retained earnings 1/1/15 Net Income Dividends declared Retained earnings 12/31/15 Cash Accounts receivable Inventory Investment in Salsa Land Equipment (net) Goodwill Total assets Accounts payable Long-term debt Common stockPicante Common stockSalsa Retained earnings 12/31/15 $(3,535,850) 1,640,000 552,750 (241,900) $(1,585,000) $(3,045,000) (1,585,000) 100,000 $(4,530,000) $118,550 913,000 940,000 2,373,450 3,490,000 5,127,500 295,000 $13,257,500 $(275,000) (3,302,500) (5,150,000) $(1,169,500) 745,000 170,500 0 $(254,000) $(974,000) (254,000) 27,100 $(1,200,900) $156,900 240,000 587,000 0 716,000 1,805,000 0 $3,504,900 $(413,000) (807,000) (4,530,000) (1,084,000) (1,200,900) Debit Credit Consolidated Totals $0 0 $0 12,100 $0 0 Total liabilities and equity $(13,257,500) $(3,504,900) $0 $12,100 $0