Amazing Corporation purchased $100,000 par value bonds of its subsidiary. Broadway Company, on December 31, 20X5, from Lemon Corporation for $102.800. The 10-year bonds bear a 9 percent coupon rate, and Broadway originally sold them on January 1, 20X3, to Lemon at 95. Interest is paid annually on December 31 Amazing owns 85 percent of the stock of Broadway In preparing the consolidation worksheet at December 31, 20X6, Amazing's controller made the following entry to eliminate the effects of the intercorporate bond ownership: Consolidation Worksheet Entries 100,000 8,691 5,741 1,013 102 Bonds Payable Interest Income Retained Earnings, January 1 Noncontrolling Interest Investment in Broadway Company Discount on Bonds Payable Interest Expense Bonds 3.535 9419 Required: With the information given, answer the following questions: a. Prepare the journal entry made by Amazing in 20X6 to record its interest income on the Broadway bonds that it holds. (If no entry is required for a transaction/event, select No journal entry required" in the first account field. Do not round your intermediate caiculations. Round your final answers to nearest whole dollar.) Answer is not complete. Event General Journal Debit Credit No 9,000 Cash 700 Investment in Broadway Company bonds Interest income b. Prepare the consolidation entry to remove the effects of the intercorporate bond ownership in completing a three-part consolidation worksheet at December 31, 20X5 (If no entry Is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculations. Round your final answers to nearest whole dollar.) 3 Answer is not complete. Debit Credit Event No 100,000 Bonds payable Loss on bond retirement 102,800 Investment in Broadway Company bonds Discount on bonds payable Broadway reported net income of $60,000 and $80,000 for 20X5 and 20X6, respectively. Amazing reported income from its separate operations of $120,000 and $150,000 for 20X5 and 20x6, respectively What amount of consolidated net income and income to the controlling interest will be reported in the consolidated income statements for 20X5 and 20X6? (Do not round your intermediate calculations. Round your final answers to nearest whole dollar.) c Answer is not complete. 20X5 20X6 Consolidated net income Income to controlling interest