Can anyone tell me whats missing from this?

Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2021, in exchange for $968,400 cash. At the acquisition date, Stanfords total fair value, including the noncontrolling interest, was assessed at $1,210,500. Also at the acquisition date, Stanford's book value was $578,750.

Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2021, in exchange for $968,400 cash. At the acquisition date, Stanford's total fair value, including the noncontrolling interest, was assessed at $1,210,500. Also at the acquisition date, Stanford's book value was $578,750. Several individual items on Stanford's financial records had fair values that differed from their book values as follows: Book Value Fair Value $321,200 $354,900 Trade names (indefinite life) Property and equipment (net, 8-year remaining life) Patent (14-year remaining life) 239,000 120,400 255,200 161,000 For internal reporting purposes, Plaza, Inc., employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2021, for both companies. $ $ Revenues Cost of goods sold Depreciation expense Amortization expense Equity in income of Stanford Net income Plaza (828, 200) 458,700 194,400 0 (293, 600) (468,700) Stanford (746,500) 321,700 29,875 23,000 0 (371,925) $ S $ Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 $(1,036,200) (468,700) 243,800 $(1,261,100) (431,000) (371,925) 20, 250 (782,675) $ S Current assets Investment in Stanford Trade names Property and equipment (net) Patents 698,800 1,245,800 195,300 837,900 0 S 374, 700 0 321,200 209, 125 97,400 $ 1,002,425 Total assets $ 2,977, 800 Accounts payable Common stock Additional paid-in capital Retained earnings (above) Total liabilities and equities $ (115, 200) (244, 800) (1,356,700) (1,261,100) $(2,977, 800) S (72,000) (72,000) (75, 750) (782,675) $(1,002,425) At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate the financial statements of Plaza, Inc., and its subsidiary Stanford. Answer is not complete. PLAZA CORPORATION AND STANFORD CORPORATION Consolidation Worksheet For Year Ending December 31, 2021 Consolidation Entries Noncontrolling Plaza Debit Stanford Credit Interest (828,200) $ (746,500) 458,700 321,700 194,400 29,875 2,025 Consolidated Accounts $ 0 0 Totals $ (1,574,700) 780,400 226,300 25,900 0 0 23,000 2.900 0 0 293,600 0 0 (293,600) (468,700) $ $ (371,925) Revenues Cost of goods sold Depreciation expense Amortization expense Equity in income of Stanford Net income Consolidated net income NCI share of CNI Plaza share of CNI Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 $ 542,100 73,400 73,400 0 $ 468,700 431,000 0 $ 1,036,200 $ (1,036,200) (468,700) 243,800 $ (431,000) (371,925) 20,250 16,200 4,050 243,800 $ (1,261,100) $ (782,675) $ 1,261,100 $ 698,800 $ 374,700 0 $ 1,073,500 0 16,200 1,262.000 0 0 Current assets Investment in Stanford Tradenames Property and equipment (net) Patents 1,245,800 195,300 837,900 321,200 33,700 550,200 1,061,200 16,200 2,025 209,125 97,400 0 2,900 0 135,100 40,600 541,250 Goodwill 0 541,250 $ 0 Total assets Accounts payable Common stock Additional paid-in capital Noncontrolling interest RO ned earnings, 12/31 Total liabilities and equities 2,977,800 (115,200) (244,800) (1,356,700) $ 1,002,425 (72,000) (72,000) (75,750) 0 72.000 75,750 0 $ 3,361,250 (187,200) (244,800) (1,356,700) 311,450 (1,261,100) $ (3,361,250) 242, 100 242,100 0 (1,261,100) $ (2,977,800) (782,675) $ (1,002,425) $ 1,525.225 $ 1,525,225 Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2021, in exchange for $968,400 cash. At the acquisition date, Stanford's total fair value, including the noncontrolling interest, was assessed at $1,210,500. Also at the acquisition date, Stanford's book value was $578,750. Several individual items on Stanford's financial records had fair values that differed from their book values as follows: Book Value Fair Value $321,200 $354,900 Trade names (indefinite life) Property and equipment (net, 8-year remaining life) Patent (14-year remaining life) 239,000 120,400 255,200 161,000 For internal reporting purposes, Plaza, Inc., employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2021, for both companies. $ $ Revenues Cost of goods sold Depreciation expense Amortization expense Equity in income of Stanford Net income Plaza (828, 200) 458,700 194,400 0 (293, 600) (468,700) Stanford (746,500) 321,700 29,875 23,000 0 (371,925) $ S $ Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 $(1,036,200) (468,700) 243,800 $(1,261,100) (431,000) (371,925) 20, 250 (782,675) $ S Current assets Investment in Stanford Trade names Property and equipment (net) Patents 698,800 1,245,800 195,300 837,900 0 S 374, 700 0 321,200 209, 125 97,400 $ 1,002,425 Total assets $ 2,977, 800 Accounts payable Common stock Additional paid-in capital Retained earnings (above) Total liabilities and equities $ (115, 200) (244, 800) (1,356,700) (1,261,100) $(2,977, 800) S (72,000) (72,000) (75, 750) (782,675) $(1,002,425) At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate the financial statements of Plaza, Inc., and its subsidiary Stanford. Answer is not complete. PLAZA CORPORATION AND STANFORD CORPORATION Consolidation Worksheet For Year Ending December 31, 2021 Consolidation Entries Noncontrolling Plaza Debit Stanford Credit Interest (828,200) $ (746,500) 458,700 321,700 194,400 29,875 2,025 Consolidated Accounts $ 0 0 Totals $ (1,574,700) 780,400 226,300 25,900 0 0 23,000 2.900 0 0 293,600 0 0 (293,600) (468,700) $ $ (371,925) Revenues Cost of goods sold Depreciation expense Amortization expense Equity in income of Stanford Net income Consolidated net income NCI share of CNI Plaza share of CNI Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 $ 542,100 73,400 73,400 0 $ 468,700 431,000 0 $ 1,036,200 $ (1,036,200) (468,700) 243,800 $ (431,000) (371,925) 20,250 16,200 4,050 243,800 $ (1,261,100) $ (782,675) $ 1,261,100 $ 698,800 $ 374,700 0 $ 1,073,500 0 16,200 1,262.000 0 0 Current assets Investment in Stanford Tradenames Property and equipment (net) Patents 1,245,800 195,300 837,900 321,200 33,700 550,200 1,061,200 16,200 2,025 209,125 97,400 0 2,900 0 135,100 40,600 541,250 Goodwill 0 541,250 $ 0 Total assets Accounts payable Common stock Additional paid-in capital Noncontrolling interest RO ned earnings, 12/31 Total liabilities and equities 2,977,800 (115,200) (244,800) (1,356,700) $ 1,002,425 (72,000) (72,000) (75,750) 0 72.000 75,750 0 $ 3,361,250 (187,200) (244,800) (1,356,700) 311,450 (1,261,100) $ (3,361,250) 242, 100 242,100 0 (1,261,100) $ (2,977,800) (782,675) $ (1,002,425) $ 1,525.225 $ 1,525,225