Prent Cop. acquired too percent of Subuidury inc on January 1. 2019, at a price in excess of the subsidiary's fair value. On that date, Subsidiary had equipment beencrar remaining lite mith a bookvalue of $350,000 and a fir value of $420,000. Parent used the equity method to record its investment in Subsidiary. On Decenber 31, 202a before preparing consolidated financial statements, Parent has equipment with a book value of $360,000 and a fair value of $400,000, while 202 lim0000 sin000 Wratoo