Q4: A parent company of a 60%-owned subsidiary uses the cost method. At the end of 2001, the parent made the following consol Idation entry, among others: The NCI entry: . .... Common Stock Additional Pald-in Capital. Retained Earnings, 1/1/01 NCI in Net Income Dividends Declared NCI in Net Assets ....... 4,000 200,000 30,000 22,000 16,000 240,000 .. The parent also declared and paid dividends of $800,000 in 2001. wired What is the amount for each of the following items? a. The subsidiary's retained earnings balance at 12/31/01. b. The subsidiary's total equity at 12/31/01. c. The parent's year-end investment balance under the cost method. d. The parent's year-end investment balance under the equity method. e. The dividends declared by the subsidiary in 2001. f. The amount reported for dividends declared in the 2001 consolidated statement of re- tained earnings. (18 marks) Q4: A parent company of a 60%-owned subsidiary uses the cost method. At the end of 2001, the parent made the following consol Idation entry, among others: The NCI entry: . .... Common Stock Additional Pald-in Capital. Retained Earnings, 1/1/01 NCI in Net Income Dividends Declared NCI in Net Assets ....... 4,000 200,000 30,000 22,000 16,000 240,000 .. The parent also declared and paid dividends of $800,000 in 2001. wired What is the amount for each of the following items? a. The subsidiary's retained earnings balance at 12/31/01. b. The subsidiary's total equity at 12/31/01. c. The parent's year-end investment balance under the cost method. d. The parent's year-end investment balance under the equity method. e. The dividends declared by the subsidiary in 2001. f. The amount reported for dividends declared in the 2001 consolidated statement of re- tained earnings. (18 marks)