Paar corporation bought 100 percent of kimmel, inc., on january 1, 2015. on that date, paar’sequipment (10-year remaining life) has a book value of $420,000 but a fair value of $520,000.kimmel has equipment (10-year remaining 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, 2017,paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipmentwith a book value of $190,400 but a fair value of $357,000. what is the consolidated balancefor the equipment account as of december 31, 2017? a. $574,000b. $802,200c. $612,600d. $484,400