Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2014. As of that date, Abernethy has the following trial balance Debit Credit Accounts payable. .. Accounts recelvable Additional pald-in capital Buildings (net (4-year remaining ife) Cash and shert-term investments Common stock Equipment (net) (s-year remaining life) inventory Land Long-term liablities (mature 12B 1/17). Retained eamings, 1/1/14 Supplies 40,000 5 50,00 S 40,000 50,000 120,000 60,000 250,000 200,000 90,000 80,000 50,000 100,000 10,000 5600,000 5600,000 Totals During 2014, Abernethy reported net income of $80,000 while declaring and paying dividends of $10,000. During 2015, 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 $490,000 in cash. As of January 1, 2014, Abernethy's land had a fair value of $90,000, its buildings were valued at $160,000, and its equipment was appraised at $180,000. Chapman uses the equity method for this investment. Prepare consolidation worksheet entries for December 31 2014, and December 31, 2015