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36. Matthew owns 30 percent of the outstanding stock of Lindman and has the ability to significantly influence the investee's operations and decision making. On January 1, 2015, the balance in the Investment in Lindman account is $353,000. Amortization associated with this acquisition is $15,900 per year. In 2015, Lindman earns an income of $213,000 and declares cash dividends of $71,000. Previously, in 2014, Lindman had sold inventory costing $49,000 to Matthew for $70,000. Matthew consumed all but 20 percent of this merchandise during 2014 and used the rest during 2015. Lindman sold additional inventory costing $56,100 to Matthew for $85,000 in 2015. Matthew did not consume 40 percent of these 2015 purchases from Lindman until 2016. a. What amount of equity method income would Matthew recognize in 2015 from its ownership interest in Lindman? Equity income b. What is the equity method balance in the Investment in Lindman account at the end of 2015? Equity balance 35. The partnership of W, X, Y, and Z has the following balance sheet: Cash Other assets $ 36,000 Liabilities 242,000 W, capital (50% of profits and losses) X, capital (30%) Y, capital (10%) Z, capital (10%) $ 46,000 66,000 84,000 46,000 36,000 Z is personally insolvent, and one of his creditors is considering suing the partnership for the $11,000 that is currently due. The creditor realizes that liquidation could result from this litigation and does not wish to force such an extreme action unless the creditor is reasonably sure of getting the money that is due. If the partnership sells the other assets, how much money must it receive to ensure that $11,000 would be available from Z's portion of the business? Liquidation expenses are expected to be $21,000. (Do not round intermediate calculations.) Minimum amount