Can someone view the attached and let me know if my answers are correct? Please make adjustments to what isn't. Thanks!

ON 1/1/2009 THE YODA COMPANY PURCHASED ALL OF THE STOCK IN THE FIRST ORDER COMPA YODA ACCOUNTS FOR ITS INVESTMENT IN THE FIRST ORDER USING THE INITIAL VALUE METHOD ON 1/1/2011 YODA COMPANY PURCHASED A TRUCK FOR $80,000 THIS TRUCK IS EXPECTED TO L AND HAVE A $2000 SALVAGE VALUE. YODA USES STRAIGHT LINE DEPRECIATION ON 1/1/2014 THE YODA COMPANY SOLD THE TRUCK TO THE FIRST ORDER COMPANY FOR $75,0 TRUCK WILL LAST 9 YEARS AND HAVE A $3000 SALVAGE VALUE. THE FIRST ORDER ALSO USES ST THE FIRST ORDER GAVE YODA A 1 YEAR 5% NOTE WITH PRINCIPLE AND INTEREST DUE 1/1/201 1/1/2015 THE FIRST ORDER PAID OFF THE NOTE AND INTEREST ON 1/1/2018 THE FIRST ORDER SOLD THE TRUCK TO THE OBI-WON COMPANY FOR $55000. UNCONSOLIDATED INCOME FOR YODA AND THE FIRST ORDER WERE AS FOLLOWS: YODA THE FIRST ORDER 2014 350000 43000 2015 415000 45000 2016 379000 48000 2017 399000 43000 2018 411000 55000 REQUIRED: A) DETERMINE YODA'S ANNUAL DEPRECIATION EXPENSE FOR THIS TRUCK B) MAKE THE JOURNAL ENTRY YODA MAKES WHEN IT SELLS THE TRUCK TO THE FIRST ORD C) MAKE THE JOURNAL ENTRY THE FIRST ORDER MAKES WHEN IT BUYS THE TRUCK FROM D) DETERMINE THE FIRST ORDER'S ANNUAL DEPRECIATION EXPENSE FOR THIS TRUCK E) MAKE THE NECESSARY WORKSHEET ENTRIES NEEDED 12/31/14 CONNECTED WITH THIS F) DETERMINE 2014 CONSOLIDATED INCOME G) MAKE THE NECESSARY WORKSHEET ENTRIES NEEDED 12/31/15 CONNECTED WITH THIS H) DETERMINE 2015 CONSOLIDATED INCOME I) DETERMINE 2016 CONSOLIDATED INCOME J) DETERMINE 2017 CONSOLIDATED INCOME K MAKE THE JOURNAL ENTRY THE FIRST ORDER MAKES WHEN IT SELLS THE TRUCK IN 201 L MAKE THE NECESSARY WORKSHEET ENTRIES NEEDED 12/31/18 CONNECTED WITH THIS M DETERMINE 2018 CONSOLIDATED INCOME RST ORDER COMPANY AT BOOK VALUE TIAL VALUE METHOD AND THE FIRST ORDER DOESN'T PAY DIVIDENDS CK IS EXPECTED TO LAST 12 YEARS OMPANY FOR $75,000. THE FIRST ORDER BELIEVES THE RDER ALSO USES STRAIGHT LINE DEPRECIATION TEREST DUE 1/1/2015 NY FOR $55000. CK TO THE FIRST ORDER YS THE TRUCK FROM YODA OR THIS TRUCK NNECTED WITH THIS TRUCK NNECTED WITH THIS TRUCK LS THE TRUCK IN 2018 NNECTED WITH THIS TRUCK (a) Yoda's annual depreciation expense for the truck Initial cost Salvage value Loss in value $ $ $ 80,000.00 2,000.00 78,000.00 Economical life of the truck=12 years Annual depreciation expense $ 6,500.00 (b) Journal entry that Yoda makes when it sells the truck to First Order Note Receivable Interest Receivable $ $ 75,000.00 3,750.00 Truck Int. Income Gain On Sale $ 60,500.00 $ 3,750.00 $ 14,500.00 ( c) Journal entry first order makes when it buys the truck Truck $ 78,750.00 Interest Payable Note Payable $ 3,750.00 $ 75,000.00 (d) First Order's annual depreciation expense for the truck Initial cost of the truck Salvage value Loss in value $ $ $ 75,000.00 3,000.00 72,000.00 $ 8,000.00 Useful life of the truck =9 Years Annual depreciation expense ( e) Necessary worksheet entries connected with the truck at 12/31/2014 Gain on Sale Interest Income $ $ Acc. Deprec. Depreciation Fixed Assets 38,250.00 3,750.00 $ $ $ 19,500.00 8,000.00 14,500.00 (f) Consolidated 2014 income Less depreciation Yoda First Order Consolidated Income $ 35,000.00 $ 43,000.00 $ 8,000.00 $ 35,000.00 $ 35,000.00 $ 70,000.00 (g)Worksheet associated with the truck as at 12/31/2015 Depreciation Expense $ 8,000.00 Acc. Deprec. $ 8,000.00 Yoda Company Note Receivable A/C Dr Balance A. $ Cr 78,750.00 First Order $ 78,750.00 $ 78,750.00 $ 78,750.00 First Order Company Note Payable Dr Yoda Company $ CR 78,750.00 Balance A. $ 78,750.00 $ 78,750.00 $ 78,750.00 (h) Consolidated 2015 income Payment received Interest earned Depreciation Payment to Yoda Consolidated income Yoda First Order $ 41,500.00 $ 45,000.00 $ 75,000.00 $ 3,750.00 $ (8,000.00) $ (78,750.00) $ 120,250.00 $ (41,750.00) $ 78,500.00 (i) Consolidated income for 2016 Yoda $ 379,000.00 Depreciation Consolidated income $ 379,000.00 First Order $ 48,000.00 $ (8,000.00) $ 40,000.00 $ 419,000.00 (j) Consolidated income for 2017 Yoda $ 399,000.00 Depreciation Consolidated Income $ 399,000.00 First Order $ 43,000.00 $ (8,000.00) $ 35,000.00 $ 434,000.00 (k) Journal entry First Order makes when it sells the truck in 2018 Cash $ Gain Fixed Asset 55,000.00 $ $ 4,000.00 51,000.00 (l) Worksheet as on 31/12/2018 associated with the truck Motor Vehicle A/C-First Order DR CR Balance A $ 55,000.00 Sale of truck $ 55,000.00 $ 55,000.00 DR Truck 55,000.00 $ Motor Vehicle A/C-OBI WON Company CR $ 55,000.00 Balance A $ 55,000.00 $ 55,000.00 $ 55,000.00 (m) Consolidated Income 2018 Yoda $ 411,000.00 Income from sale of truck Consolidated income $ 411,000.00 First Order $ 55,000.00 $ 55,000.00 $ 110,000.00 $ 521,000.00 Value-Acc. Deprec. 80,000-(6500*3) 75000-(80,000-(6500*3)) 75000-(8000*3) Account Receivable A/C-First Order DR CR OBI-Won Com $ 55,000.00 Balance A $ 55,000.00 $ DR Balance A 55,000.00 $ 55,000.00 Account payable A/C-OBI WON Company CR $ 55,000.00 First order $ 55,000.00 $ 55,000.00 $ 55,000.00 START HERE On 1/1/2000 Jack purchased 100% of the outstanding stock of Jill at book value Jack accounts for its investment in Jill using the initial value method and Jill does not On 10/1Jack sold merchandise to Jill for $50,000 on credit The merchandise had cost On 12/31/16 Jill had not sold any of the inventory acquired from Jack and had not p In 2017 Jill sold 80% of the merchandise acquired from Jack for $48000 and paid off In 2018 Jill sold the other 20% of the merchandise from Jack for $19000 REQUIRED: A) USING PERPETUAL INVENTORY RECORD JACK'S JOURNAL ENTRY FOR THE S B) USING PERPETUAL INVENTORY RECORD JILL'S PURCHASE OF INVENTORY C) MAKE ANY WORKSHEET ENTRIES NEEDED 12/31/16 DUE TO THIS INVENTO D) UNCONSOLILDATED, JACK REPORTED INCOME OF $500000 AND JILL REPO WHAT WAS CONSOLIDATED INCOME IN 2016? E) MAKE ANY WORKSHEET ENTRIES NEEDED 12/31/17 DUE TO THE INTRA-CO F) UNCONSOLIDATED JACK REPORTED INCOME OF 650,000 AND JILL REPORTE WHAT WAS CONSOLIDATED INCOME IN 2017? G) MAKE ANY WORKSHEET ENTRIES NEEDED 12/31/2018 DUE TO THE INTRAH) UNCONSOLIDATED JACK REPORTED INCOME OF $777000 AND JILL REPORT WHAT WAS CONSOLIDATED INCOME IN 2018? I) ON JANUARY 1 2016 JACK HAD UNCONSOLIDATED RETAINED EARNINGS OF RETAINED EARNINGS OF $3,000,000. WHAT WAS JACK'S UNCONSOLIDATED A ON 12/31/16, 12/31/17 AND 12/31/18? NOTE: JACK ALSO DOES NOT PAY D at book value d and Jill does not pay dividends chandise had cost Jack $30000 ack and had not paid off the accounts payable to Jack 8000 and paid off Jack ENTRY FOR THE SALE TO JILL OF INVENTORY TO THIS INVENTORY TRANSACTION 00 AND JILL REPORTED INCOME OF $80000 TO THE INTRA-COMPANY SALE OF INVENTORY AND JILL REPORTED INCOME OF $90000 UE TO THE INTRA-COMPANY SALE OF INVENTORY 0 AND JILL REPORTED INCOME OF $101,000 NED EARNINGS OF $900,000 AND CONSOLIDATED NCONSOLIDATED AND CONSOLIDATED RETAINED EARNINGS O DOES NOT PAY DIVIDENDS (a) Jack's Journal entry for the sale to Jill Sales A/C A/R $ 50,000.00 Inventory Gain on Sale $ $ 30,000.00 20,000.00 $ 50,000.00 $ 20,000.00 (b)Jill's journal due to inventory purchase Inventory $ Accounts Payable 50,000.00 $ 20,000.00 Worksheet Entries Gain on Sale Inventory (d) Consolidated income in 2016 Jack Jill Consolidated income $ 500,000.00 $ $ (20,000.00) $ 80,000.00 (20,000.00) $ 480,000.00 $ 60,000.00 Consolidated $ 540,000.00 ( e ) Worksheet due to intra-company sale of inventory Investment in Jill $ 8,000.00 Gain on Sale (f) Consolidated Income in 2017 Jack Jill $ 650,000.00 $ Jill $ 8,000.00 $ 658,000.00 $ Jill's Income from sale of inventory. $ 8,000.00 90,000.00 $ 748,000.00 90,000.00 (g) Worksheet due to intra-company sale of inventory Investment in Jill $ 9,000.00 Gain on Sale (h) Consolidated income in 2018 Jack Jill $ 777,000.00 $ $ 101,000.00 9,000.00 Sales $ 9,000.00 $ 786,000.00 $ 101,000.00 $ 887,000.00 (i) Unconsolidated Retained earnings 12/31/2016 12/31/2017 12/31/2018 $ $ $ Consolidated 1,400,000.00 $ 1,400,000.00 2,050,000.00 $ 2,058,000.00 2,827,000.00 $ 2,836,000.00 Jill's Income from sale of inventory. (48000-40000)