Business, 03.09.2019 17:30 smilingntn33p7pqpp

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar's equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. what is the consolidated balance for the equipment account as of december 31, 2014? $612,600.$802,200.$574,000.$484,400 .

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Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar's equipm...

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