Question: please solve question . Parent acquired a 60% interest in Sub: On January 1, 2019 Purchase price 450,000 over book value TheAAP was 600,000 Assigned

please solve question

please solve question . Parent acquired a 60% interest in Sub: On

. Parent acquired a 60% interest in Sub: On January 1, 2019 Purchase price 450,000 over book value TheAAP was 600,000 Assigned 450,000 to a patent with remaining life 10 years Assigned 150,000 to goodwill On December 31, 2025, the Sub had Stockholders' Equity of 341,000, as follows: 0 Common stock, 92,100 0 APIC 308,900 0 Retained Earnings, 440,000 Sub's net income for the period ending December 31, 2025 was 60,000 Sub paid dividends of12,000 duringthe period Sub regularly sells inventory to parent Sales in 2024 = 305,000 Sales in 2025 = 500,000 Deferred gross prot 2024 = 25,000 2025 = 26,075 What is NCI income for the period ending December 31, 2025? What is the amount ofunamortized AAP at December 31, 2025? What is the ending balance in the noncontrolling equity? For the period ending December 31, 2015, and as a result ofinventory sales from Sub to Parent, the elimination entries will include an increase (debit) in COGS of For the period ending December 31, 2025 and as a result of inventory sales from Sub to Parent, the elimination entries will include a decrease (credit) in COGS of At December 31, 2025, the consolidated balance sheet will show a balance in Patent of_ At January 1, 2025 (beginning ofthe year), the balance in the investment account would be . (111is is the balance in the Equity Investment account prior to any eliminating entries.)

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