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Review of pre-consolidation equity method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the

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Review of pre-consolidation equity method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the three years ending December 31,202 . Assume that an january 1, 202a, an investor company purchased 100 of the cutstanding voting common stock of the itvestee On then dinte of the arpuinisor, the inveitent identifabie net atsets had far values that approwimated their hatorical book values in addibon, the acquiveloo resulted in no goodielt or bangen purchase gain recomined in the consolidated "invetment in invester" accourt in the imestor company's pre- consolidation balance sheet on December 31, 2022?. $320000 125. 000 5184000 Review of pre-consolidation equity method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the three years ending December 31,202 . Assume that an january 1, 202a, an investor company purchased 100 of the cutstanding voting common stock of the itvestee On then dinte of the arpuinisor, the inveitent identifabie net atsets had far values that approwimated their hatorical book values in addibon, the acquiveloo resulted in no goodielt or bangen purchase gain recomined in the consolidated "invetment in invester" accourt in the imestor company's pre- consolidation balance sheet on December 31, 2022?. $320000 125. 000 5184000

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