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REQUIRED: Provide answers to the following. Be sure to strictly observe the following rules when inputting your answers: (a) All dollar amounts much include a

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REQUIRED: Provide answers to the following. Be sure to strictly observe the following rules when inputting your answers: (a) All dollar amounts much include a $. (b) All dollar amounts much include a comma, if applicable Part 1: Compute the following: 1. The balance in Investment in Pamela immediately after the acquisition. [4] 2. The equation (S) to determine the December 31, 2020 balance in Investment in Pamela is [b] plus [c] minus (d) equals [e]. Part 2: What amount would be reported on the consolidate financial statements for Jonathan Corporation on December 31, 2020? 1. Consolidated Net Income [1] 2. NCI interest in Net Income of Pamela [e] 3. Controlling interest in Net Income of Pamela [h] 4. Total Assets (0) 5. Total liabilities Di 6. Common Stock [k] 7. APICU 8. Retained earnings, December 31 [m] 9. NCI in Net Assets of Pamela (n] I Part 3: Present formal 2020 consolidated financial statements for Jonathan Corporation Page 5 REQUIRED: Provide answers to the following. Be sure to strictly observe the following rules when inputting your answers: (a) All dollar amounts much include a $. (b) All dollar amounts much include a comma, if applicable Part 1: Compute the following: 1. The balance in Investment in Pamela immediately after the acquisition. [4] 2. The equation (S) to determine the December 31, 2020 balance in Investment in Pamela is [b] plus [c] minus (d) equals [e]. Part 2: What amount would be reported on the consolidate financial statements for Jonathan Corporation on December 31, 2020? 1. Consolidated Net Income [1] 2. NCI interest in Net Income of Pamela [e] 3. Controlling interest in Net Income of Pamela [h] 4. Total Assets (0) 5. Total liabilities Di 6. Common Stock [k] 7. APICU 8. Retained earnings, December 31 [m] 9. NCI in Net Assets of Pamela (n] I Part 3: Present formal 2020 consolidated financial statements for Jonathan Corporation Page 5

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