roblem 3-23 (Algo) (LO 3-1, 3-4) The following are selected account balances from Perde Conomy and Sara Copertened December 12, 20 . Revenges Cost of goods sold Depreciation expense Investment income Dividends declared Retained earnings, 1/1/21 Current assets $ (834,000) 296.900 235,000 Sot give 10,000 114,000 51,000 1,074,000 644.000 (544,000) 1600,000) (150,000) Copyrights Royalty agreements Investment in Santa Liabilities Common stock Additional paid-in capital 1,100.00 Note: Parentheses indicate a credit balance. On January 1, 2021, Penske acquired all of Stanza's outstanding stock for $2.000 tr value cash red camera paid $10,000 in stock issuance costs. At the date of acquisto copyrigs skyer enang toe but a fair value of $600,000 a. As of December 31, 2021, what is the consolidated copyrights belonen? b. For the year ending December 31, 2021 what is consolidated set income! c. As of December 31, 2021 what is the consolidated retained earnings bere! d. As of December 31 2021. what is the consolidated balance to be reported brood Consolidated copyright Consolidated net income Consolidated rathed earnings Consolidated goodwill Id MacBook Air -15) Apple The following are selected account balances from Penske Company and Stanza Corporation as of December 31, 2021 Cloud 5 Yahoo bing Google Facebo Revenues Cost of goods sold Depreciation expense Investment income Dividends declared Retained earnings, 1/1/21 Current assets Copyrights Royalty agreements Investment in Stanza Liabilities Common stock Additional paid-in capital Penske $ (B34,000) 296,900 235,000 Not given 80,000 (746,000) 594,000 1,074,000 644,000 Not given (544,000) (600,000) ($20 par) Stanza $ (500,000) 125.000 344,000 . 60,000 (314,000) 688,000 436,000 1,188,000 (150,000) 11,747,000) (200,000) (510 per (80,000) Note: Parentheses indicate a credit balance. On January 1, 2021, Penske acquired all of Stanza's outstanding stock for $816,000 fair value in cash and common stock. Perske ako paid $10,000 in stock issuance costs. At the date of acquisition, copyrights (with a six-year remaining life have a $596.000 book vele but a fair value of $600,000. a. As of December 31, 2021, what is the consolidated copyrights balance? b. For the year ending December 31, 2021, what is consolidated net income? c. As of December 31, 2021, what is the consolidated retained earnings balance? d. As of December 31, 2021, what is the consolidated balance to be reported for goodwill? Amounts b Consolidated copyrights Consolidated net income Consolidated retained earnings Consolidated goodwill c d MacBook Air