That's all information that I have

Case 4.1 Florida Company acquired all the outstanding stocks of Miamai Corporation on April 1, 2013, for $15,000,000, when Miami's stockholder equity consisted of $5,000,000 capital stock and $2,000,000 retained carnings. The price reflocted a $500,000 undernaluation of Miami's inventory (sold in 2013) and a S3,500,000 undervaluation of Miami's buildings (remaining use full life seven years). During 2014, Miami sold a land that cost $1,000,000 to Florida for S1,500,000. Florida resold the land for $2,200,000 during 2017 Florida sells inventory to Miami on a regular basis, as follows (in thousands): % unsold by Miami at year nd % unpaid by Miami at year-cnd Sales to Miami Cost to Florida 2013 2014 2015 2016 017 1,000 30 30 720 30 ,000 500 Miami sold equipment with a book value of S800,000 to Florida on January 1, 2017, for S1,600,000. This equipment had a remaining useful life of four years at the time of the sale Florida uses the equity method to account for its investment in Miami The financial statements for Florida and Miami are summarized as follows (in thousands Flerida Miami 26000 11,000 Sales Gain on land Gain on equipment 700 800 Income from Miami 1380 Cost of Sales (15,000) (5,000) (3,700) (2.000) Other Expemses Net Income .100 2000 2.375 4,000 3,000) (1,000) R/E December 31445 5000 Add: Beginning R/E Deduct Dividends Case 4.1 Florida Company acquired all the outstanding stocks of Miamai Corporation on April 1, 2013, for $15,000,000, when Miami's stockholder equity consisted of $5,000,000 capital stock and $2,000,000 retained carnings. The price reflocted a $500,000 undernaluation of Miami's inventory (sold in 2013) and a S3,500,000 undervaluation of Miami's buildings (remaining use full life seven years). During 2014, Miami sold a land that cost $1,000,000 to Florida for S1,500,000. Florida resold the land for $2,200,000 during 2017 Florida sells inventory to Miami on a regular basis, as follows (in thousands): % unsold by Miami at year nd % unpaid by Miami at year-cnd Sales to Miami Cost to Florida 2013 2014 2015 2016 017 1,000 30 30 720 30 ,000 500 Miami sold equipment with a book value of S800,000 to Florida on January 1, 2017, for S1,600,000. This equipment had a remaining useful life of four years at the time of the sale Florida uses the equity method to account for its investment in Miami The financial statements for Florida and Miami are summarized as follows (in thousands Flerida Miami 26000 11,000 Sales Gain on land Gain on equipment 700 800 Income from Miami 1380 Cost of Sales (15,000) (5,000) (3,700) (2.000) Other Expemses Net Income .100 2000 2.375 4,000 3,000) (1,000) R/E December 31445 5000 Add: Beginning R/E Deduct Dividends