Question - Crawford Corporation acquires Nashville, Inc. The parent pays more for it than the fair value of the subsidiary's net assets. On the acquisition date, Crawford has equipment with a book value of $428,000 and a fair value of $586,000. Nashville has equipment with a book value of $336,000 and a fair value of $434,500. Nashville is going to use push-down accounting. Immediately after the acquisition, what amounts in the Equipment account appear on Nashville's separate balance sheet?

$434,000 and $862,500

$336,000 and $922,000

$336,000 and $764,000

$434,000 and $1,020,500