Please help me solve this.

Highlight, Inc., owns all outstanding stock of Kiort Corporation. The two companies report the following balances for the year ending December 31, 2014: Revenues and interest income Operating and interest expense Other gains and losses HighlightKiort 540,000 221,000 120,000) (32,000) $(670,000) $(390,000) Net income $(250,000) $(201,000) Note: Parentheses indicate a credit balance. On January 1, 2014, Highlight acquired on the open market bonds for $108,000 originally issued by Kiort. This investment had an effective rate of 8 percent. The bonds had a face value of $100,000 and a cash interest rate of 9 percent. At the date of acquisition, these bonds were shown as liabilities by Kiort with a book value of $84,000 (based on an effective rate of 11 percent). Determine the balances that should appear on a consolidated income statement for 2014 Revenues and interest income Operating and interest expense Other gains and losses Net income