can u show me step by step how to solve this case? thank you

P 5-6 Upstream and Downstream Sales, 90 percent owned Justin Bhd is a 90 percent owned company of Epik Bhd acquired in 2011 when the book value of Justin Bhd net identifiable assets were equal to its fair value. The information regarding inventory transactions between Justin Bhd and Epik Bhd is as follows: In 2013, Justin Bhd sold inventories of $5,000,000 to Epik Bhd with 20 percent gross profit on it. At the end of the year, $200,000 inventories from Justin Bhd remained in Epik Bh In 2014, Epik Bhd sold inventories of $8,000,000 to Justin Bhd. The gross profit on the sale was 10 percent. At the end of the year, $100,000 inventories from Epik Bhd have not been sold to outside parties. The trial balances for both companies for the year ended December 31, 2014 are as follows (in thousands) Epik Bhd $ 1,200 2,000 $ 90 S 1,000 S 2,500 S 1,200 3.474 S6,200 $ 200 $ 200 S 18,064 Debits Justin Bhd $ 800 S 300 Cash Accounts receivable Dividends receivable Inventory Land Equipment Investment in Justin Bhd Cost of sales Other expenses Dividends $2,300 1,300 S 500 3,900 $ 400 $ 100 $9,600 Total Credits Accounts payable Dividends payable Common stock Retained Earnings Sales $ 600 $ 100 2,500 $1,300 S5,100 $9,600 $ 900 S 6,000 $ 2,764 $ 8,400 S 18,064 Total All dividends by Justin Bhd have not been paid during the year REQUIRED: Prepare consolidation workpapers for Epik Bhd and subsidiary for the year ended December 31, 2014