Jans Inc. acquired all of the outstandingcommon stock of Tysk Corp. on January 1,2009, for $372,000. Equipment with a ten-year life was undervalued on Tysk's financial records by $46,000. Tysk also owned an unrecorded customer list with an assessed fair value of $67,000and an estimated remaining life of fiveyears.Tysk earned reported net income of $180,000 in 2009 and $216,000 in 2010. Dividends of $70,000 were paid in each of these two years. Selected account balances as of December 31,
jans tysk
revenu 1.080.000 840.000
expenses 480.000 600.000
invest.income n.given 0
retained earnings 840.000 600.000
dividends paid 132.000 70.000
1) if the partial equity method has been applied what was 2011 consolidated net income?
2) if the equity method had been applied what would be the investment in tysk corp . account balance within the record of jans at the end of 2012 ?