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DoorDash acquired 51% of the common stock of Wolt on December 31, 2021, for $8,100,000,000. At the date of acquisition, Wolt reported common stock with

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DoorDash acquired 51% of the common stock of Wolt on December 31, 2021, for $8,100,000,000. At the date of acquisition, Wolt reported common stock with a par value of $10,000,000,000, additional paid-in-capital of $1,000,000,000, and retained carings of $4,880,852,941. The fair value of the non-controlling interest at acquisition was $7,782,352,941. The differential at acquisition was attributable to the following items: Inventory (all sold in 2022) Land Goodwill Total Differential 300,000 560,000 640,000 1,500,000 Throughout 2028, DoorDash sold inventory to Wolt, Wolt sold 60% of the inventory by December 31, 2028. Cost of Inventory to DoorDash S 610,000 Sale Price of Inventory to Wolts 900,000 On January 1, 2028, DoorDash's inventory contained inventory purchased from Wolt, which had produced the inventory By December 31, 2028. DoorDash had sold all inventory that had been on DoorDashd January 1, 2028 Cost of Inventory to Wolts 89,025 Sale Price of Inventory to DoorDash S 97,500 3 During 2022, DoorDash sold a plot of land that it had purchased several years before to Wolt; Wolt continues to hold the land. Cost of Land to DoorDash S 750,000 Sale Price of Land to Wolts 150,000 On January 1, 2028, DoorDash purchased equipment from Wolt. Wolt had purchased that equipment on December 31, 2022. The equipment is expected to have a total 15-year life and no salvage value. Both entities use the straight-line method of depreciation and Cost of Equipment to Wolts 71.000 Sale Price of Equipment to DoorDash $ amortization 100,000 On January 1, 2026, DoorDash sold par valuc, 10 percent, five-year bonds at 112 directly to Wolt. The bonds pay interest annually on December 31. Both entities amortize bond premiums and discounts on a straight-line basis. Par Value of Bonds S 100,001 Wolt issued par value 10-year bonds with a coupon rate of 10 percent on January 1, 2025. On December 31, 2027, DoorDash purchased par value of Wolt's bonds. Interest payments are made on July 1 and January 1. Both entities amortize bond premiums and discounts on a straight-linc basis. Par Value of Bonds S 900,000 Bond Issue Prices 895,000 Percentage of Bonds Outstand Purchased 30% Purchase Price of Bond Investment S 288,900 As of December 31, 2028, Wolt had declared but not yet paid its fourth-quarter dividend of 55,000 On December 31, 2028, applicable information from the pro-closing trial balances of DoorDash and Wolt appeared in T-Accounts as follows: DoorDashi WOLT Debit Credit Credit Cost of Services 1,368,000,000 82,215,000 Sales and Marketing 957,000,000 54,000,000 Research and Development 321,000,000 5,000,000 General and Administrative 556,000,000 2.535,000 Depreciation and Amortization 120,000,000 36,000,000 Interest Expense 3,000,000 1,850,000 Dividends Declared 20,000 APIC 6,592,000,000 1,000,000,000 Common Stock 10,000,000,000 RE (1,613,000,000) 14,900,000,000 Sales 2,886,000,000 182,700,000 Debit Game Center www.powtomas formed betwee 20 PE 2024 ROT 2011 - Gheter Metal Comprebensive Consolidation in a Subsequent Year Requirement 3: Prepare all applicable pictures", answering cach question, related to each intercompany transaction (8 points) Intercompany Inventory Sale: (4 points) Intercompany Inventory Sale: (4 points) Is this an UPSTREAM or DOWNSTREAM transaction? What is 2028 EI What is the Gross Profit %?: What is 2028 EIP: Do you CONFIRM or DEFER the BIP? Is this an UPSTREAM OR DOWNSTREAM transaction? What is 2028 BT: What is the Gross Profit %?: What is 2028 BIP: Do you CONFIRM or DEFER the BIP? Comme des Sable Rei Prilapplicable laws.htien totale company reason (1) Intercompany Land Sales (po Equipment lovestory Sale (10 pont Cau Sale price Galetes 12/31 Cest 102 Atenuated Depreciates Bok Value Sale Price 13 Galwo Is this a UPSTREAM DOWNSTREAM racion Was there again or low on the company antert to what was the mos or lo La thin USTHULAM DOWNSTREAM What is the balance of womenton 1/2008 her the company transfer What should balance of best what the actor Accum. Depan 112028the interfer What could be of Acumuland Depreciation be on 07 What is the buck value of the equipment on 1/12098, bere ne intercompany trader? What was the originale che What is een welde of the equipment the date of the mercompany What is the most of the or less on the roof the date of intercom transfer What was the most depicense before the internet transfer What the mount of precion expenuke after beinumpany tanier What is the wount of the depreciation on eded (include whether or depreciation needs to Eerdere +

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