What is the amount of consolidated retained earnings on the consolidated balance sheet at December 31, 2025?

What is the elimination entry of the Investment in Storm? (it is a credit value)

On January 1, 2022, Pledge Company purchased 72,000 shares of Storm Company's common stock for $300,000. On that date, Storm's stockholder's equity was follows: Retained Earnings Statement Retained Earnings 1/1 Pledge Company On January 1, 2022, Pledge Company purchased 72,000 shares of Storm Company's common stock for $300,000. On that date, Storm's stockholder's equity was follows: Retained Earnings Statement Retained Earnings 1/1 Pledge Company