December 31, 2024, trial balances for Pledge Company and its subsidiary Stom Company follow: Pledge Company purchased 72,000 shares of Stom Company's common stock on January 1, 2021, for $300,000. On that date, Stom Company's stockholders' equity was as follows: Additional information: 1. Receivables of Pledge Company include a $55,000,12% note receivable from Stom Company. 2. Interest amounting to $6,600 has been accrued by each company on the note payable from Stom to Pledge. Stom Company has not yet paid this interest. 3. The difference between book value and the value implied by the purchase price relates to subsidiary land. Required: Prepare a consolidated statements workpaper for the year ended December 31, 2024