2. On January 1, Papa sells equipment to its wholly owned rubuldiary, Sonny, for $200,000. The origital cost of the machine to Papa was $300,000. At today's date, the Accurmutated Depreciation on Papa's books was $80,000. The equipment has an estimated remaining vervice life of 10 years (no salvage value). What is the January 1 journal entry reconded by Papa? What is the lanuary 1 joumal entry recorded by Son? ? What is the December 31 adjusting joumal entry recorded by Son? What is the December 31 consolidation worksheet entry? What is the consolidation worksheet entry at December 31 of the second year