Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2020. As of that date, Abernethy has the following trial balance: Debit Accounts payable Accounts receivable Additional paid-in capital Buildings (net) (4-year remaining life) Cash and short-term investments Credit $ 59,900 $ 43,700 50,000 123,000 80,500 Common stock 250,000 Equipment (net) (5-year remaining life) Inventory 270,000 138,500 Land 118,500 Long-term liabilities (mature 12/31/23) Retained earnings, 1/1/20 175,000 257,100 Supplies Totals 17,800 $792,000 $ 792,000 During 2020, Abernethy reported net income of $112,000 while declaring and paying dividends of $14,000. During 2021, Abernethy reported net income of $163,250 while declaring and paying dividends of $54,000. Assume that Chapman Company acquired Abernethy's common stock by paying $686,100 in cash. All of Abernethy's accounts are estimated to have a fair value approximately equal to present book values. Chapman uses the partial equity method to account for its investment. Prepare the consolidation worksheet entries for December 31, 2020, and December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Prepare entry S to eliminate stockholders' equity accounts of subsidiary. Prepare entry A to recognize goodwill portion of the original acquisition fair value. Prepare entry I to eliminate intra-entity income accrual for the current year based on the parent's usage of the partial equity method. Prepare entry D to eliminate intra-entity dividend transfers. Prepare entry E to recognize 2020 amortization expense. Prepare entry *C to convert parent company figures to equity method. Prepare entry S to eliminate stockholders' equity accounts of subsidiary for 2021. Prepare entry A to recognize original goodwill balance. Prepare entry I to eliminate Intra-entity Income accrual for the current year. Prepare entry D to eliminate Intra-entity dividend transfers. Prepare entry E to recognize 2021 amortization expense.