1. Prepare entry S to eliminate stockholders' equity accounts of subsidiary. 2.Prepare entry A to recognize allocations determined above in connection with acquisition date fair values. 3. Prepare entry I to eliminate intra-entity dividend declarations recorded by parent as income. 4. Prepare entry E to recognize 2017 amortization expense. 5. Prepare entry *C to convert parent company figures to equity method by recognizing subsidiaries increase in book value for prior year (98,500 net income less $12,000 dividend declaration) and excess amortizations for that period (11,790) 6. Prepare entry S to eliminate beginning of year stockholders' equity accounts of subsidiary. The retained earnings balance has been adjusted for 2017 net income and dividends. 7. Prepare entry A to recognize allocations relating to investments - balances shown here as of the beginning of the current year (original allocation less excess amortization's for the prior period) 8. Prepare entry I to eliminate infra-entity dividend declarations recorded by parent as income. 9. Prepare entry E to recognize 2018 amortization expense.