b. Prepare a 2015 consolidated worksheet for Parkway and Skyline. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet.) Answer is not complete. PARKWAY AND SKYLINE Consolidation Worksheet Year Ending December 31, 2015 Consolidation Entries Consolidated Totals Accounts Parkway Skyline Debit Credit $ (627,000) 289,000 170,000 (18,000) (55,400) S (241,400) $ (358,000) 195,000 75,000 Cost of goods sold Other operating expenses Gain on sale of land Equity in Skyline's earnings Net income Retained earnings 1/1 Net income Dividends declared 5 (88,000) (292,000) (88,000) 20,000 5 (360,000) 150,000 112,000 (314,600 Retained earnings 12/31 Cash and receivables Inventory Investment in Skyline Trademarks Patented technology Land, buildings, and equip (241,400) 70,000 $ (486,000) 134,000 281,000 598.000 50,000 130,000 283,000 1,650,000 725.000 $ (215,000) 410,000)(120,000) (30,000) (360,000) $ (725,000) 637,000 Total assets Liabilities Common stock Additional paid-in capital Retained earnings (463,000) (291,000) (486,000) Total liabilities and equity