During 2020 , the parent company (90%) sold merchandize to the subsidiary company at selling price $60,000, the cost of goods sold $50,000. During 2021, Post Company sold the merchandise at \$70,000. Net income for Post Company for 2020 and 2021 respectively: $100,000;$80,000. There is no dividend. Instructions: 1. Calculate the Parent company from the subsidiary's net income. 2. Calculate the Minority interest from the subsidiary's net income. 3. Prepare the working paper in Journal entries format for 2020 and 2021