Replacing the mathescam bridge, which links ottenville with tottenville, will prove far less beneficial than would repairing the existing structure. the project will unjustly hurt drivers, because the ottenville mayor recommended - shortly before the $12 million new bridge proposal was announced - that bridge tolls be raised by 50 percent. since drivers' main complaints have been uneven pavement and closed lanes, the mathescam bridge authority should not hike tolls and should instead repair the existing bridge, shifting maintenance crews to late evenings, when far fewer drivers are on the roads

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.