The Hart Company acquired control of the Keller Company on January 2, 1979, by purchasing 80 percent of its outstanding stock for \(\$ 700,000\). The entire excess of cost over book value acquired is attributed to goodwill, which is amortized over 40 years. The stockholders' equity accounts of the Keller Company appeared as follows on January 2, 1979, and December 31, 1979:

The accounts receivable of the Hart Company at December 31, 1979. include \(\$ 4,500\) which is due it from the Keller Company. Hart Company carries its investment in Keller Company on its single-company books at cost. Present journal entries for the following adjustments and eliminations in the December 31, 1979, work sheet for the preparation of the consolidated balance sheet:
a The adjustment of the Investment in Keller Company account at December 31, 1979.
b The elimination of the Investment in Keller Company account.
c The amortization of goodwill.
d The elimination of intercompany obligations.
e The determination of the minority interest.

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Capital Stock Retained Earnings Jan. 2, 1979 Dec. 31, 1979 $600,000 200,000 $600,000 420,000