With respect to the acquisition-date consolidation worksheet, which of the following is accurate?

a. The total liabilities and equity on a consolidated basis equals $5614,000.

b. The total consolidated assets equal $9,794,000.

c. The total of all adjustments and eliminations equal $3,136,000.

d. The value of the noncontrolling interest is $40,000.

e. The consolidated total long-term debt equals $3,688,000.

Required information On January 1, 2018, A. Hamilton, Inc. ("AHI") provides a loan for $3,000,000 to Reynolds Manufacturing Corp. ("RMC"). The terms of the loan require payment of the loan no later than January 1, 2023. RMC was in terrible financial condition and would cease operations absent securing a loan. Prior to requesting a loan from AHI, RMC exhausted all other possible avenues for funding. The terms of the loan agreement include provisions that require RMC to provide AHI with the following from January 1, 2018 through January 1, 2023: (i) 6 percent annual interest on the principal amount of the loan, which reflects a market rate of interest; (ii) 100 percent participation rights to RMC's profits less $17,000 in a guaranteed annual dividend to RMC's common shareholders; and (iii) complete decision-making authority over RMC's operations and financing decisions. At the end of the term of the loan, AHI is given the right to acquire RMC or, in its discretion, extend the term of the original loan an additional 5 years. At the date the loan was extended to RMC, RMC's common stock had an estimated fair value of $136,000 and a book value of $40,000. The $96,000 difference was attributed to an asset with a 3-year useful life remaining ("Asset"). At January 1, 2018, the balance sheets for AHI and RMC are as follows: January 1, 2018 Assets Cash Accounts receivable Loan receivable from AHI Asset with 3-year useful life remaining Equipment (net) Total assets Balance Sheets AHI RMC 97,000 78,000 137,000 265,000 3,000,000 96,000 3,287,000 2,834,000 6,521,000 3,273,000 Liabilities and owner's equity Accounts payable Long-term debts Common stock Retained earnings, 1/1/18 Total liabilities and equity (219,000) (688,000) (4,800,000) (814,000) (6,521,000) RMC (233, 000) (3,000,000) (34,000) (6,000) (3,273,000) Required information On January 1, 2018, A. Hamilton, Inc. ("AHI") provides a loan for $3,000,000 to Reynolds Manufacturing Corp. ("RMC"). The terms of the loan require payment of the loan no later than January 1, 2023. RMC was in terrible financial condition and would cease operations absent securing a loan. Prior to requesting a loan from AHI, RMC exhausted all other possible avenues for funding. The terms of the loan agreement include provisions that require RMC to provide AHI with the following from January 1, 2018 through January 1, 2023: (i) 6 percent annual interest on the principal amount of the loan, which reflects a market rate of interest; (ii) 100 percent participation rights to RMC's profits less $17,000 in a guaranteed annual dividend to RMC's common shareholders; and (iii) complete decision-making authority over RMC's operations and financing decisions. At the end of the term of the loan, AHI is given the right to acquire RMC or, in its discretion, extend the term of the original loan an additional 5 years. At the date the loan was extended to RMC, RMC's common stock had an estimated fair value of $136,000 and a book value of $40,000. The $96,000 difference was attributed to an asset with a 3-year useful life remaining ("Asset"). At January 1, 2018, the balance sheets for AHI and RMC are as follows: January 1, 2018 Assets Cash Accounts receivable Loan receivable from AHI Asset with 3-year useful life remaining Equipment (net) Total assets Balance Sheets AHI RMC 97,000 78,000 137,000 265,000 3,000,000 96,000 3,287,000 2,834,000 6,521,000 3,273,000 Liabilities and owner's equity Accounts payable Long-term debts Common stock Retained earnings, 1/1/18 Total liabilities and equity (219,000) (688,000) (4,800,000) (814,000) (6,521,000) RMC (233, 000) (3,000,000) (34,000) (6,000) (3,273,000)