On January 1, 2009, Jannison Inc. acquired 90% of Techron Co. by paying $477,00 cash. Techron Co. reported a Common Stock account balance of $140,000 and Retained Earnings of $280,000 at that date. The fair value of Techron Co. was appraised at $530,000. The total annual amortization was $11,000 as a result of this transaction. The subsidiary earned $98,000 in 2009 and $126,000 in 2010 with dividend payments of $42,000 each year. Without regard for this investment, Jannison had income of $308,000 in 2009 and $364,000 in 2010. Use the acquisition method to account for this purchase.

Prepare a proper presentation of consolidated net income for 2009.

This is like the 4th time I've seen this same post from you. This is very confusing to the people trying to help you. Can you please stop posting it. If it is because you do not think you are being answering quickly enough, keep in mind that everyone here is volunteers offering their help when and if they have the time.