e Search 1(1) - Protected View - Last saved by user - Saved to this PC- ngs Review View Help ou need to edit, it's safer to stay in Protected View Enable Editing 17. Hand owns 90% of Finger. In 2015 Hand purchases Land from third parties for 5500,000. On January 1, 2018 Hand sells Land to Finger for $800,000. Finger holds the Land until December 31, 2020 and then sells it to third parties for $2,000,000 a. How much is Consolidated Gain on Sale for the year ended December 31, 2018 b. How much is Consolidated Land at December 31, 2018 c. What consolidation worksheet entry is required at December 31, 2018 d. What consolidation worksheet entry is required at December 31, 2019 e. What consolidation worksheet entry is required at December 31, 2020 f. How much is Consolidated Gain on sale for the year ended December 31, 2020 18. Parent buys building (useful life 10 years) for $3,000,000 on January 1, 2020. On that same date, parent sells building to 80% owned subsidiary for $4.000,000. Subsidiary will use the same 10 year useful life. a. How much Depreciation Expense will the subsidiary record in 2020 b. How much is consolidated Depreciation expense in 2020 c. What two worksheet entries are required for year end 2020 (hint: entries TA and ED) SSUUUU of unrealized gains on intercompa 19. In 2019 20 and sub rep Code 22 Samo