Chapman Company obtains 100% of Abernethy Company's stock on January 1,2020 . As of that date, Abernethy has the following trial balance: During 2020, Abernethy reported net income of $80,000 while paying dividends of $10,000. During 2021, Abernethy reported income of $110,000 while paying dividends of $30,000. Requirement: Assume that Chapman Company acquired Abernethy's common stock for $520,000 in cash. All of Abernethy's accounts are estimated to have fair value approximately equal to present book values. Chapman uses the partial equity method for this investment. Prepare consolidation worksheet entries for December 31, 2020