Closing a bad-news message with a statement such as Visit our website soon for our summer concert schedule uses ________ information or sales promotion to encourage the customer's continued patronage

A telemarketer calls individuals at home over the phone and ask them the likelihood that they will purchase a timeshare property over the next 12 months. This method of gathering data is known as ____________

A) direct observation B) focus groups C) experiments D) surveys

Company S has been an 80%-owned subsidiary of Company P since January 1, 2018 . The determination and distribution of excess schedule prepared at the time of purchase was as follows:

Entity 80% Parent 20% NCI Entity FV $ 712,500 $ 570,000 $ 142,500 Book value: Pain-in capital in excess of par 300,000 Retained earnings 1/1/20 300,000 Book value 600,000 480,000 120,000 Excess $ 112,500 $ 90,000 $ 22,500 Equipment $ 50,000 10 yr 5,000 Goodwill 62,500 Total $ 112,500 On January 2, 2019, Company P issued $120,000 of 8% bonds at face value to help finance the purchase of 25% of the outstanding common stock of Alpha Company for $200,000 . No excess resulted from this transaction. Alpha earned $100,000 net income during 2019 and paid $20,000 in dividends. The only change in plant assets during 2019 was that Company S sold a machine for $10,000 . The machine had a cost of $60,000 and accumulated depreciation of $40,000 . Depreciation expense recorded during 2019 was as follows: Company P Company S Alpha Company Buildings $15,000 $ 8,000 $12,000 Machinery 35,000 20,000 4,000 The 2019 consolidated income was $180,000, of which the NCI was $10,000 . Company P paid dividends of $12,000, and Company S paid dividends of $10,000 . Consolidated inventory was $287,000 in 2018 and $223,000 in 2019; consolidated current liabilities were $246,000 in 2018 and $216,700 in 2019 . Cash increased by $203,700 . Required: Using the indirect method and the information provided, prepare the 2019 consolidated statement of cash flows for Company P. and its subsidiary, Company S.