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Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014....

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Accounting

Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014. For 2014, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000. In consolidation, the total amount of expenses related to Kailey, and to Denber's acquisition of Kailey, for 2014 is determined to be

$161,250.

$205,000.

$210,000.

$215,000.

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