The following are selected accounts and balances for Jonah Company and Hill, Incorporated, as of December $31,2024.$ Several of Jonahs accounts have been omitted. Credit balances are indicated by parentheses. Dividends were declared and paid in the same period.AccountsJonahHillRevenues$ $(600,000)$$ $(250,000)$Cost of goods sold$280,000100,000$Depreciation expense$120,00050,000$Investment incomeNot givenNot givenRetained earnings, $1/1/24(900,000)(600,000)$Dividends declared$130,00040,000$Current assets$200,000690,000$Land$300,00090,000$Buildings $($net$)500,000140,000$Equipment $($net$)200,000250,000$Liabilities$(400,000)(310,000)$Common stock$(300,000)(40,000)$Additional paid$-$in capital$(50,000)(160,000)$Assume that Jonah acquired Hill on January $1,2020,$ by issuing $7,000$ shares of common stock having a par value of $$10$ per share but a fair value of $$100$ each. On January $1,2020,$ the following assets were either under$-$ or overvalued:Select AssetsDirectionValueUseful LifeLandUndervalued$20,000$BuildingsOvervalued$30,00010$YearsEquipmentUndervalued$60,0005$YearsProprietary DatabaseAppraised Value$1,00,00020$YearsNote: The proprietary database was developed internally by Hill.AccountsAllocationUseful LifeAnnual Excess AmortizationsLand$ $20,000$Buildings$(30,000)10$years$ $(3,000)$Equipment$60,0005$years$12,000$Proprietary Database$100,00020$years$5,000$Total$ $14,000$Required:$*$ Determine the December $31,2024,$ consolidated totals for the accounts given.$*$ In requirement part $($a$),$ can the consolidated totals be determined without knowing which method the parent used to account for the subsidiary?$*$ If the parent uses the equity method, what consolidation entries would be used on a $2024$ worksheet?