Answer the question marks on the last picture. No need to fill out all the journal entries.

Parent acquired Susidiary on December 31, 20X0, as indicated below Number of shares of Subsidiary acquired by Parent Price per share Useful life of the equipment Useful life of the patent Interest rate on the note payable Term of the note payable 162,000 6.50 10 4.50% Subsidiary Company December 31, 20XO Book Value Fair Value Excess Cash Other assets Equipment Accumulated depreciation Patent Goodwill Total 94,000 $94,000 $ 390,000 932,000 (289,000) 390,000 817,000 174,000 42,000 110,000 326,000 78,000 120,000 110,000 1,205,000 $ 1,531,000 $ 211,000 $ 211,000 $ Accounts payable Other liabilities Note payable Common stock Additional paid-in capital Retained earnings Total 162,000 105,000 162,000 102,000 162,000 1,053,000 494,000 3,000 323,000 74,000 1,205,000 $ 1,531,000 $ 326,000 Complete the consolidations process for 20X1 and 20X2 on the following Pictures