Banner Corporation purchased all of the common stock of Dwyer Company at underlying book value and uses the equity method in accounting for its investment. Balance sheet information provided by the companies at December \(31,20 \mathrm{X} 8\), is as follows:

\section*{Required}
Prepare a consolidated balance sheet for Banner Corporation at December 31, \(20 \mathrm{X} 8\).

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Cash Accounts Receivable 120,000 Banner Corporation $ 40,000 Dwyer Company $ 20.000 70,000 Inventory 180,000 90,000 Fixed Assets (net) 350,000 240,000 Investment in Dwyer Company Stock 170,000 Total Debits $860,000 $420.000 Accounts Payable $ 65.000 Notes Payable 350,000 $ 30,000 220.000 Common Stock Retained Earnings Total Credits 150,000 90.000 295,000 80.000 $860,000 $420,000