Please Help with answering part i.

Determining ending consolidated balances in the second year following the acquisition-Cost method Assume a parent company acquired a subsidiary on January 1, 2015, for $2,185,000. The purchase price was $1,066,200 in excess of the subsidiary's $1,119,800 book value of Stockholders' Equity on the acquisition date of this excess purchase price, 5602,000 was assigned to Property, plant and equipment with a remaining economic useful life of 10 years, and 5464,200 was assigned to Goodwill. On the acquisition date, the subsidiary reported retained earnings equal to $847.550. The parent uses the cost method of pre-consolidation Equity investment bookkeeping. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows: Parent Subsidiary Parent Subsidiary Income statement Balance sheet Sales 58,318,750 $1,900,000 Assets Cost of goods sold 15.500.500) 01.089.000) Cash $1,567,280 546,600 Gross profit 2,329,250 811,000 Accounts receivable 2.462.900 421,300 Equity income 37,400 Inventory 3,476,850 540,650 Operating expenses 01.2478401 1556.9001 Equity Investment 2,136.000 Net income $1,118,810 $254.100 Property, plant & equipment 17,189,920 1,000,450 Statement of retained earnings 526,882,950 $2,431.000 BOY retained earnings 5,801,070 937,750 Libilities and stockholders' equity Net Income 1.118,810 254.100 Accounts payable $1.217.920 $173.030 Dividends (262.5700 (37.400) Accrued liabilities 1,447,270 226,270 Ending retained earnings 56,657,310 51.154450 Long term les 10,587,500 605,000 Common stock 1,025,060 121.000 APIC 5947890 1512 Retained earnings 6,657,310 1.154450 526,882,950 $2,431,000 $ $ At what amount will the following accounts appear on the consolidated financial statements? Do not use negative signs with any of your answers. a. Sales $ 10,218,750 b. Investment income 0 c. Operating expenses 1,864,940 d. Inventories 4,017,500 e. Equity investment f. Property, plant & equipment, net $ 18,671,970 g. Goodwill 464,200 h. Common stock 1,025,060 i. Retained earnings 7,811,760 x $ $ $ $ $ Check