Assume that no intra-entity inventory or land sales occurred between Park Lake and Scenic. Instead, on January 1, 2017, Scenic sold equipment (that originally cost $140,00D but had a $64,000 book value on that date) to Placid Lake for $88,000. At the time of sale, the equipment had a remaining useful life of five years. What worksheet entries are made for a December 31, 2018, consolidation of these two companies to eliminate the impact of the intra entity transfer? fi no entry is required for a transaction event, select "No journal entry required in the first account held.)