The following are selected accounts and balances for Mergaronite Company and Hill, Inc., as of December 31, 2021. Several of Mergaronite's accounts have been omitted. Credit balances are indicated by parentheses. Dividends were declared and paid in the same period. Mergaronite Hill $ (610,000) $ (250,000) Revenues Cost of goods sold Depreciation expense Investment income Retained earnings, 1/1/21 Dividends declared Current assets Land Buildings (net) Equipment (net) Liabilities Common stock Additional paid-in capital 300,000 120,000 118,000 NA 56,000 NA (900,000) (610,000) 140,000 46,000 218,000 680,000 282,000 80,000 518,000 120,000 190,000 252,000 (394,000) (314,000) (288,000) (52,000) (40,000) (894,000) Assume that Mergaronite acquired Hill on January 1, 2017, by issuing 6,200 shares of common stock having a par value of $10 per share but a fair value of $100 each. On January 1, 2017, Hill's land was undervalued by $18,200, its buildings were overvalued by $29,000, and equipment was undervalued by $59,200. The buildings had a 10-year remaining life; the equipment had a 5-year remaining life. A customer list with an appraised value of $100,000 was developed internally by Hill and was estimated to have a 20- year remaining useful life. a. Determine the December 31, 2021, consolidated totals for the following accounts: b. In requirement (a), can the consolidated totals be determined without knowing which method the parent used to account for the subsidiary? c. If the parent uses the equity method, what consolidation entries would be used on a 2021 worksheet? Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the December 31, 2021, consolidated totals for the following accounts: (Input all amounts as positive values.) Consolidated Totals Revenues $ Cost of goods sold $ 860,000 418,000 Depreciation expense Amortization expense $ 5,000 Buildings Equipment Customer list Common stock Additional paid-in capital