Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 56

Willkom Corporation bought 100 percent of Szabo, Inc., on January 1, 2010.On that date, Willkom's equipment (10-year life) has a book value of $300,000 but a fair value of $400,000.Szabo has equipment (10-year life) with a book value of $200,000 but a fair value of $300,000.Willkom uses the equity method to record its investment in Szabo.On December 31, 2012, Willkom has equipment with a book value of $210,000 but a fair value of $330,000.Szabo has equipment with a book value of $140,000 but a fair value of $270,000.What is the consolidated balance for the Equipment account as of December 31, 2012
a.$600,000.
b.$490,000.
c.$480,000.
d.$420,000.