please look and only fix what is incorrect

On January 1, 2017, Prestige Corporation acquired 100 percent of the voting stock of Stylene Corporation in exchange for $2,173,000 in cash and securities. On the acquisition date, Stylene had the following balance sheet $ Accounts payable $ 1,537,100 Cash Accounts receivable Inventory Equipment (net) Trademarks 39,600 126,500 175,000 1,880, eee 874,000 3,095, 100 Common stock Retained earnings 800,000 758,000 3,095, 100 $ At the acquisition date, the book values of Stylene's assets and liabilities were generally equivalent to their fair values except for the following assets: Book Value $ 1,880,000 Equipment Customer lists Trademarks Fair Value $2,847, eee 206,eee 960, eee Remaining Useful Life 8 years 4 years indefinite 874, cee p uves EL SUO Check my work During the next two years. Stylene has the following income and dividends in its own separately prepared financial reports to its parent 2017 2018 Net Income Dividends $ 188,eee $ 25,000 252,eee 45,000 Dividends are declared and paid in the same period. The December 31, 2018, separate financial statements for each company appear below. Parentheses indicate credit balances Prestige Stylene $(2,298,000) .620,000 426,000 Income Statement Revenues Cost of goods sold Depreciation expense Amortization expense Equity earnings in Stylene Net income Statement of Retained Earnings Retained earnings 1/1 Net income (above) Dividends declared $ (6,080,000) 3,240,000 579,000 149, eee (179,625) $ (2,291,625) (252,000) (921.00) 1252.000 $ (3,112, eee (2,291,625) 150.000 CE Prey 2 of 2 N Help 150,000 $ (5,251,625) 45,000 5(1,128,600) 50,500 92,5ee 532, eee Dividends declared Retained earnings 12/31 Balance Sheet Cash Accounts receivable Inventory Investment in Stylene Equipment Customer lists Trademarks Goodwill Total assets Accounts payable Common stock Retained earnings, 12/31 Total liabilities and equity 1,672,500 522,000 888, eee 913, eee 2, 398, 250 6,12e, eee 122,00 3,360,000 204, eee $ 14,527,250 5 (775,625) (8,500, eee) (5,251, 625) $(14,527,250) 954, eee $ 3,301, 5ee $(1,373,500) (800,000) (1,128,000) $ (3,301,500) a. Determine the fair value in excess of book value for Prestige's acquision date investment in Stylene b. Determine Prestige's December 31, 2018 Investment in Stylene balance. C. Prepare a worksheet to determine the balances for Peregrine's December 31, 2018. consolidated financial stu Required A Required B Required C Determine Prestige's December 31, 2018, Investment in Stylene balance. Fair value at 1/1/17 Equity earnings in Stylene Post-acquisition earnings less excess amortization Stylene dividends since acquisition 2,173,000 115.625 | 295,250 (70,000) Investment in Stylene 2,398,250