(25 points) The following are preliminary financial statements for Green Co. and Gold Co. for the year ending December 31, 2021 prior to Greens acquisition of Gold. Green Co. Gold Co. Sales $ 360,000 $ 228,000 Expenses (240,000) (132,000) Net income $ 120,000 $ 96,000 Retained earnings, January 1, 2021 $ 480,000 $ 252,000 Net income (from above) 120,000 96,000 Dividends declared (36,000) 0 Retained earnings, December 31, 2021 $ 564,000 $ 348,000 Current assets $ 360,000 $ 120,000 Land 120,000 108,000 Building (net) 480,000 336,000 Total assets $ 960,000 $ 564,000 Liabilities $ 108,000 $ 132,000 Common stock 192,000 72,000 Additional paid-in capital 96,000 12,000 Retained earnings, December 31, 2021 564,000 348,000 Total liabilities and stockholders equity $ 960,000 $ 564,000 On December 31, 2021 (subsequent to the preceding statements), Green exchanged 10,000 shares of its $10 par value common stock for all of the outstanding shares of Gold. Green's stock on that date has a fair value of $60 per share. Green was willing to issue 10,000 shares of stock because Gold's land was appraised at $204,000. Green also paid $14,000 to attorneys and accountants who assisted in creating this combination. Required: Assuming that these two companies retained their separate legal identities, prepare the acquisition entry and the consolidating entries necessary as of December 31, 2021. Hint: there are 3 entries you need to make: 1) the acquisition entry 2) entry S, to eliminate Gold Co.'s stockholders' equity accounts and the book value of Gold Co.'s net assets from Green Co.'s investment account. 3) entry A, to eliminate Green Co.'s excess payment over book value from its investment account and reassign the excess to specific assets and goodwill.