Hi, can you help me with this practice problem please

Patrick Corporation acquired 100 percent of O'Brien Company's outstanding common stock on January 1 for $644,300 in cash. O'Brien reported net assets with a carrying amount of $381,000 at that time. Some of O'Brien's assets either were unrecorded (having been internally developed) or had fair values that differed from book values as follows: Trademarks (indefinite life) Customer relationships (5-year remaining life) Equipment (10-year remaining life) Book Fair Values Values $ 103,000 $225,000 0 88,500 360,000 329,400 Any goodwill is considered to have an indefinite life with no impairment charges during the year. The following are financial statements at the end of the first year for these two companies prepared from their separately maintained accounting systems. O'Brien declared and paid dividends in the same period. Credit balances are indicated by parentheses. Revenues Cont of goods sold Depreciation expense Amortization expense Income from O'Brien Net income Retained earnings 1/1 Net income Dividends declared Retained earnings 12/31 Cash Receivables Inventory Investment in O'Brien Trademarks Customer relationships Equipment (net) Goodwill Total assets Liabilities Common stock Patrick $(1,200,000) 320,000 102,000 35,600 (281,760) $(1,024,160) $ (724,000) (1,024, 160) 150,000 $(1,598,160) $ 190,000 414,000 251,000 838,060 480,000 0 1,038,000 O 53,211,060 $11,212,900) (400,000) O'Brien $ (728,000) 332,000 99,600 0 0 $ (296,400) (281,000) (296,400) 88,000 S (489,400) $ 122,500 72,300 221,000 0 87,000 0 273,000 O 5 775,800 $ (186,400) (100,000) The following are financial statements at the end of the first year for these two companies prepared from their separately maintained accounting systems. O'Brien declared and paid dividends in the same period. Credit balances are indicated by parentheses. Revenues Cost of goods sold Depreciation expense Amortization expense Income from O'Brien Net income Retained earnings 1/1 Net income Dividends declared Retained earnings 12/31 Cash Receivables Inventory Investment in O'Brien Trademarks Customer relationships Equipment (net) Goodwill Total assets Liabilities Common stock Retained earnings 12/31 Total liabilities and equity Patrick $(1,200,000) 320,000 102,000 35,600 (281.760) $(1,024,160) $ (724,000) (1,024,160) 150.000 $(1,598,160) $ 190,000 414,000 251,000 838,060 480,000 0 1,038,000 0 $ 3,211,060 $(1,212,900) (400,000) (1,598,160) $(3,211,060) O'Brien $ (728,000) 332,000 99,600 0 0 $ (296,400) $ (281,000) (296,400) 88,000 $ (489,400) $ 122,500 72,300 221,000 0 87,000 0 273,000 0 $ 775,800 $ (186,400) (100,000) (489,400) S (775,800) a. Which investment method did Patrick use to compute the $281,760 income from O'Brien? b. Determine the totals to be reported for this business combination for the year ending December 31 c. Verify the totals determined in part (b) by producing a consolidation worksheet for Patrick and O'Brien for the year ending December 31 Complete this question by entering your answers in the tabs below. Required A Required B Required Which investment method did Patrick use to compute the $281,760 income from O'Brien? Which investment method did Patrick use to compute the $281,760 income from O'Brien? Regulda Required B > Required A Required B Required Determine the totals to be reported for this business combination for the year ending December 31. (Input all amounts as positive values.) Consolidated totals Revenues Cost of goods sold Amortization expense Depreciation expense Income from O'Brien Net income Retained earnings, 1/1 Dividends declared Retained earings, 12/31 Cash Receivables Inventory Investment in O'Brien Trademarks Customer relationships Equipment (net) Goodwill Total assets Liabilities Common stock Retained earnings, 12/31 Total liabilities and equities Accounts Debit Credit Totals $ Revenues Cost of goods sold Depreciation expense Amortization expense Income from O'Brien Net Income Patrick (1,200,000) $ 320,000 102,000 35,600 (281.760) (1,024,160) $ O'Brien (728,000) 332,000 99,600 0 $ 0 (296,400) Retained earnings, 1/1 Net income (above) Dividends declared Retained earings, 12/31 (724,000) (1,024,160) 150,000 (1,598,160) $ (281,000) (296,400) 88,000 (489,400) $ $ 122,500 72,300 221,000 Cash Receivables Inventory Investment in O'Brien Trademarks Customer relationships Equipment (net) Goodwill Total assets 190,000 $ 414,000 251,000 838,060 480,000 0 1,038,000 0 3,211,060 $ 87,000 0 273,000 0 775,800 S Liabilities Common stock Retained earnings (above) Total liabilities and equity (1.212,900) (400,000) (1,598,160) (3,211,060) $ (186,400) (100,000) (489,400) (775,800) $ $ 0 $