Company P acquired 90 percent of the common stock of Company S on 1/1/2020. On the date of acquisition, Company S had buildings with book value $120,000, fair value $220,000, and remaining useful life of 10 years. What amortization entry should be prepared by Company P when consolidating the financial statements for 2022 (the third year after the acquisition)?

1. Depreciation Expense - [Debit or Credit what $? OR Not included in the entry]

2. Accumulated Depreciation -Buildings - [Debit or Credit what $? OR Not included in the entry]

3. Retained Earnings - P - [Debit or Credit what $? OR Not included in the entry]

4. Retained Earnings - S - [Debit or Credit what $? OR Not included in the entry]