Son Corporation, a 90 percent-owned subsidiary of Pop Corporation, was acquired on January 1, 2016, at a price of $90,000 in excess of underlying book value. The excess was due to goodwill. Separate financial statements for Pop and Son for 2017 follow (amounts in thousands):

ADDITIONAL INFORMATION
1. Pop sold inventory items to Son during 2016 and 2017 as follows (in thousands):
...............................................2016............. 2017
Sales.......................................... $60 .............$40
Cost of sales to Pop.......................... 30............... 20
Unrealized profit at December 31......... 10................ 8
2. Pop sold land that cost $14,000 to Son for $20,000 during 2016. The land is still owned by Son.
3. In January 2017, Pop sold equipment with a book value of $42,000 to Son for $60,000. The equipment is being depreciated by Son over a three-year period using the straight-line method.
4. On December 30, 2017, Son remitted $4,000 to Pop for merchandise purchases. The remittance was not recorded by Pop until January 5, 2018, and it is not reflected in Pop's financial statements at December 31, 2017.
REQUIRED:
Prepare a consolidation workpaper for Pop Corporation and Subsidiary for the year ended December 31, 2017.

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OP Combined Income and Retained Earnings Statement for the Year Ended December 31, 2017 $ 600 $200 Income from Son Gain on sale of equipment Cost of sales Operating expenses 18 (280) (120) (100) (20) Net income Add: Beginning retained earnings Less: Dividends 314 (120) 140 (40) Retained earnings, December 31 Balance Sheet at December 31, 2017 Cash Accounts receivable Dividends receivable Inventories 200 180 18 $ 34 100 16 100 Buildings -net Equipment-net Investment in Son 80 270 330 316 120 Total assets Accounts payable Dividends payable Other liabilities Capital stock Retained earnings 196 30 134 600 474 $ 60 20 40 100 180 Total equities