Revenues Expenses Investment income Dividends declared Equipment Haynes Turner (700,000) $ (280,000) 460,000 150,000 Not given 0 90,000 500,000 40,000 300,000 a. What balance does Haynes's Investment in Turner account show on December 31, 2021, when the equity method is applied? b. What is the consolidated net income for the year ending December 31, 2021? c-1. What is the consolidated equipment balance as of December 31, 2021? c-2. Would this answer be affected by the investment method applied by the parent? d. Prepare entry "C for the beginning of the Retained Earnings account on a December 31, 2021 by using initial value, partial equity and equity method. Complete this question by entering your answers in the tabs below. Req A to C2 Req D a. What balance does Haynes's Investment in Turner account show on December 31, 2021, when the equity method is applied? b. What is the consolidated net income for the year ending December 31, 2021? c-1. What is the consolidated equipment balance as of December 31, 20217 c-2. Would this answer be affected by the investment method applied by the parent? a. Investment in Turner account b. Consolidated net income a c-1. Consolidated equipment c-2. Would this answer be affected by the investment method applied by the parent? Rell A to Cz Req D > Show less a Haynes Turner Revenues Expenses Investment income Dividends Equipment declared (700,000) $ (280,000) 460,000 Not given 150,000 0 90,000 40,000 500,000 300,000 Complete this question by entering your answers in the tabs below. Req A to C2 Req D Prepare entry *C for the beginning of the Retained Earnings account on a December 31, 2021 by using initial value, partial equity and equity method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Prepare entry "C if the parent used the initial value method. 2 Prepare entry "C if the parent used the partial equity method. 3 Prepare entry "C if the parent used the equity method. Note journal entry has been entered x Credit