Can you provide solution for:

17-35 Preparation of Consolidated Financial Statements The Cypress Tool & Die Company's fiscal year ends on December 31.The company had the following items on its 20x1 income statement and balance sheet (in millions): S900 Net sales and other operating revenue Investments in affiliated companies Common stock, 11,000,000, $1 par Depreciation and amortization Accounts payable 210 Cash Paid-in capital in excess of par Interest expense Retained earnings 188 Accrued income taxes payable Cost of goods sold and operating expenses, exclusive of depreciation and amortization Subordinated debentures, 11% interest, due December 31, 20x8 100 Noncontrolling interest in consolidated subsidiaries' net income Goodwill First-mortgage bonds, 10% interest, due December 31, 20X9 80 Property, plant, and equipment, net 125 Preferred stock, 2,000,000 shares, $50 par, dividend rate is $3.5 per share 100 Short-term investments at market value Income tax expense Accounts receivable, net Noncontrolling interest in subsidiaries Inventories at average cost Dividends declared and paid on preferred stock Equity in earnings of affiliated companies Prepare Cypress's consolidated 20X1 income statement and its consolidated balance sheet for December 31, 20X1