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Referring to the values in (1), prepare the following schedules using columns for the years 2011 through 2015. Acme's equity in PHC earnings with...

2. Referring to the values in (1), prepare the following schedules using columns for the years 2011
through 2015.
• Acme’s equity in PHC earnings with rows showing these:
• Acme’s share of PHC reported income.
• Amortization expense.
• Acme’s equity in PHC earnings.
• Acme’s Investment in PHC balance with rows showing the following:
• Beginning balance.
• Equity earnings.
• Dividends.
• Ending balance.
• Return on beginning investment balance _ Equity earnings/Beginning investment balance in each
year.
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