Akron holds 100 percent of the outstanding shares of Yelton. On January 1, 2018, Akron transferred equipment to Yelton for $ 240,000. The equipment had cost $ 400,000 originally but had a $180,000 book value and six-year remaining life at the date of transfer. Depreciation expense is computed according to the straight-line method with no salvage value. Consolidated financial statements for 2020 currently are being prepared. What worksheet entries are needed in connection with the consolidation of this asset? Assume that the parent applies the partial equity method, so that Retained Earnings account should be adjusted