Thompson Company has a variety of investments in other companies.Thompson has a policy of using the complete equity method to account for intercompany investments meeting the criteria for its application.The following provides more information on these investments.

Lake Corporation

Thompson Company purchased all of the outstanding shares of Lake Corporation on January 1^st, 2019 for $230,000. At that time, Lake had common stock with a book value of $100,000.The difference between the acquisition price and underlying book value is assigned to buildings and equipment with a remaining economic life of 10 years from the date of acquisition.At December 31, 2019, Lake owed Thompson $2,500 for services provided during 2019.

Lake Corporation is an American company and its functional currency is US dollars.

Thompson sold land to Lake during 2019 for $50,000.This land was still held by Lake at December 31^st, 2019.

For this investment held by Thompson at December 31, 2019, please provide the ending balance that each investment would have in Thompson's unconsolidated balance sheet (a).

A B C D E Thompson Company Lake Corporation Debit Credit Debit Credit Cash $74,000 $42,000 Accounts receivable 130,000 53,000 Land 60,000 50,000 Buildings & equipment 500,000 350,000 Investment in Lake a Investment in River b Investment in Mountain C Investment in Beach d Investment in City e Investment in Island Cost of services provided 470,000 130,000 Depreciation expense 35,000 18,000 Other expenses 57,000 60,000 Dividends declared 30,000 12,000 Accumulated depreciation $265,000 $93,000 Accounts payable 71,000 17,000 Wages payable 58,000 60,000 Notes payable 100,000 85,000 Common stock 200,000 100,000 Retained earnings, Jan 1. 2019 292,000 120,000 Service revenue 610,000 240,000 Gain on sale of land to Lake 40,000 Equity earnings No 21 2010