Assume that Johnson Company acquires a 75% interest in its The Nephew on January 1, 2016. On the date of acquisition, the fair value of the 75% controlling interest was $1,800,000 and the fair value of the 25% noncontrolling interest was $600,000. On January 1, 2016, the book value of net assets equaled $2,400,000 and the fair value of the identifiable net assets equaled the book value of identifiable net assets (i.e. there was no AAP or Goodwill). Johnson uses the equity method to account for its investment in the subsidiary. On December 31, 2017, the The Nephew company issued $1,500,000 (face) 6 percent, five-year bonds to an unaffiliated company for $1,380,218 (i.e. the bonds had an effective yield of 8 percent). The bonds pay interest annually on December 31, and the bond discount is amortized using the straight-line method. This results in annual bond-payable discount amortization equal to $23,956 per year. n December 31, 2019, Johnson paid $1,540,849 to purchase all of the outstanding The Nephew company bonds (i.e. the bonds had an effective yield of 5 percent). The bond premium is amortized using the straight-line method, which results in annual bond-investment premium amortization equal to $13,616 per year. The Parent and the Subsidiary report the financial statements on the next sheet for the year ended December 31, 2020 Provide the consolidation entries and prepare a consolidation worksheet for the year ended December 31, 2018