On january 1, 2012, aspen company acquired 80 percent of birch company’s outstanding voting stock for $386,000. birch reported a $347,500 book value and the fair value of the noncontrolling interest was $96,500 on that date. also, on january 1, 2013, birch acquired 80 percent of cedar company for $160,000 when cedar had a $173,000 book value and the 20 percent noncontrolling interest was valued at $40,000. in each acquisition, the subsidiary’s excess acquisition-date fair over book value was assigned to a trade name with a 30-year life. these companies report the following financial information. investment income figures are not included.2012 2013 2014 sales: aspen company $ 462,500 $ 625,000 $ 900,000 birch company 227,250 390,750 594,400 cedar company not available 212,600 222,200 expenses: aspen company $ 375,000 $ 530,000 $ 547,500 birch company 164,000 309,000 505,000 cedar company not available 194,000 183,000 dividends declared: aspen company $ 18,000 $ 30,000 $ 40,000 birch company 8,000 20,000 20,000 cedar company not available 4,000 12,000 assume that each of the following questions is independent: a. if all companies use the equity method for internal reporting purposes, what is the december 31, 2013, balance in aspen's investment in birch company account? investment in . what is the consolidated net income for this business combination for 2014? consolidated net . what is the net income attributable to the noncontrolling interest in 2014? noncontrolling interests share of the consolidated net . assume that birch made intra-entity inventory transfers to aspen that have resulted in the following unrealized gross profits at the end of each year: date amount 12/31/12 $18,400 12/31/13 21,300 12/31/14 33,400 what is the realized income of birch in 2013 and 2014, respectively? realized income 2013 2014