10) Several years ago, Peacock International purchased 80 % of the outstanding stock of Strutt Incorporated, purchased a truck for $160,000 which had no salvage value with a useful life of 8 years, depreciated on a straight-line basis. On January 1, 2012, Strutt sold the truck to Peacock Corporation for $56,000. The equipment was estimated to have a five-year remaining life on this date, with no salvage value. All affiliates use the straight-line depreciation method. at a time when Strutt's book values were equal to its fair values. On January 1, 2009, Strutt Required Prepare the consolidation entries required for Peacock and subsidiary at: 1. December 31, 2012 2. December 31, 2013 3. December 31, 2014 4. December 31, 2015 10) Several years ago, Peacock International purchased 80 % of the outstanding stock of Strutt Incorporated, purchased a truck for $160,000 which had no salvage value with a useful life of 8 years, depreciated on a straight-line basis. On January 1, 2012, Strutt sold the truck to Peacock Corporation for $56,000. The equipment was estimated to have a five-year remaining life on this date, with no salvage value. All affiliates use the straight-line depreciation method. at a time when Strutt's book values were equal to its fair values. On January 1, 2009, Strutt Required Prepare the consolidation entries required for Peacock and subsidiary at: 1. December 31, 2012 2. December 31, 2013 3. December 31, 2014 4. December 31, 2015