c. Prepare a three-part consolidation worksheets of December 31, 20 75-37 Subsidiary with Other Comprehensive Income In Year of Acquisition lying book value. At that date, the file wear the controlling interest was equal to 40 percem Winter Caporation equired 60 percent ownership of Ship Company on January 1, 20x8, at under of the book value of Ship Company. Accumulated depreciation on buildings and equipment was $75.000 on the acquisition dates Tell balance daca December 31, 20x8, for Pirate and Ship are as follows: Hem Pirate Corporation Debit Credit $ 27.000 65.000 40.000 500.000 Ship Company Debit Credit $ 8.000 22.000 30.000 235.000 40.000 108 OOO 150 000 30.000 8.000 24000 110.000 10.000 3.000 15.000 Accounts Receivable inventory Buildings & Equipment investment in Row Company Securities Investment in Ship Company Cost of Good Sold Depreciation Expense interest Expense Dividends Declared Accumulated Depreciation Accounts Payable Bonds Payable Common Stock Retained Earnings Other Comprehensive Income from Ship Co (OCI-Unrealized Gain on Investments Unrealized Gain on Investments (OCO Sales Income from Ship Company $140,000 63 000 100.000 200.000 208.000 6.000 $ 85.000 20.000 50.000 100.000 50.000 10.000 148.000 220,000 15.000 $952.000 $473,000 $473.000 $952.000 Additional Information Ship purchased stock of Row Company on January 1, 20X8, for $30,000 and classified the investment as available-for-sale securities. The value of Row's securities increased to $40,000 at December 31, 20X8. Required a. Give all consolidation entries needed to prepare a three-part consolidation worksheet as of December 31, 20X8. b. Prepare a three-part consolidation worksheet for 20X8 in good form. c. Prepare a consolidated balance sheet, income statement, and statement of comprehensive income for 20X8