On December 31, Small Company had the following stockholders' equity:

On the same day (December 31), Puff Company purchased 6,650 of Small Company's outstanding shares, paying \$20 per share, and a work sheet to consolidate the balance sheets of the two companies was prepared. In general journal form, give the entry made on this work sheet to eliminate Puff Company's investment and the related stockholders' equity accounts of Small Company.

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Common stock, $10 par value, 9,500 shares issued and outstanding Retained earnings. Total stockholders' equity $ 95,000 65,000 $160,000