A Company owns 60% of the outstanding stock of C Company. On January 1, 2013, A acquired a building with a 10 year life for $450,000; A depreciated the building using the straight-line method, assuming no salvage value. On January 1, 2015, A sold the building to C for $430,000, B assigned no salvage value to the building.

Required:

* Prepare the end of year consolidation entries necessitated by the above transaction.