Chapman Company obtains 100 percent 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 declaring and paying dividends of. $10,000. During 2021 , Abernethy reported net income of $110,000 while declaring and paying dividends of $30,000. Assume that Chapman Company acquired Abernethy's common stock for $500,000 in cash. Assume that the equipment and long-term liabilities had fair values of $220,000 and $120,000, respectively, on the acquisition date. Chapman uses the initial value method to account for its investment. Prepare consolidation worksheet entries for December 31, 2020, and December 31, 2021