The following six accounts appear in the 2021 financial statements of Poni and its 100%-owned subsidiary, Soni (created in 2016), at the end of 2021: Poni Common stock, 12/31/21 $160,000 Soni $ 40,000 Additional paid-in capital, 12/31/21 340,000 210,000 Retained earnings, 12/31/21 670,000 180,000 Dividends declared, 2021 175,000 ? Dividend income (from Soni), 2021 50,000 Investment in subsidiary, 12/31/21 -?- Retained Earnings, 1/1/21 475,000 142,000 | On 1/1/21, Poni's and Soni's retained earnings were $475,000 and $142,000, respectively. Poni did not make additional investment in Soni after Soni was created.