An acquisition takes place on January 1, 2018. At December 31, 2018, you observe the following consolidation eliminating entires:

(R) Indentifiable intangibles 3,000,000
Land 2,000,000
Goodwill 15,000,000
Inventories 500,000
Property and equipment, net 10,000,000
Investment in Samson Company 9,500,000

(O) Amortization Expense 600,000
Impairment loss 200,000
Inventories 500,000
Property and equipment, net 1,000,000
Cost of goods sold 500,000
Depreciation expense 1,000,000
Identifiable intangibles 600,000
Goodwill 200,000

Property and equipment and identifiable intangibles revaluations are written off on a straight-line basis, no residual value. Additional goodwill impairment losses of $400,000 are reported in 2021. Except for the inventories, none of the revalued assets are sold in future years.

Prepare consolidation eliminating entries (R) and (O) on December 31, 2023.