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Big Co acquired 100% of the common Stock of Little Co. on 1/1/22 for $200,000. In 2022, Little reported earnings of $30,000 and paid

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Big Co acquired 100% of the common Stock of Little Co. on 1/1/22 for $200,000. In 2022, Little reported earnings of $30,000 and paid dividends of $10 000 In 2023 Little reported earnings of $40,000 and paid dividends of $15 000. The trial balances for 1/1/22, 12/31/22, and 12/31/23 are given below. Little's book value on that date was $200 000, and all assets and liabilities had fair values equal to book value. Required: Prepare elimination entries at 1/1/22 and complete the "Consolidation at acquisition" (1/1/22) worksheet 1. Prepare elimination entries at 1/1/22 and complete the "Consolidation at acquisition" (1/1/22) worksheet 2. Prepare elimination entries at12/31/23 and complete the "Consolidation at acquisition" (12/31/23) worksheet 3. Prepare elimination entries at12/31/22 and complete the "Consolidation at acquisition" (12/31/22) worksheet You HAVE to "work down" the Big and Little columns in the 12/31/22 worksheet to get the ending R/E values to plug into the 12/31/23 worksheet! Questions: What is the value in cell F37? What is the value in cell F45? What is the value in cell M26? What is the value in cell M27? What is the value in cell M29? What is the value in cell M32 What is the value in cell M37? What is the value in cell M45? What is the value in cell Q29? What is the value in cell T 26? What is the value in cell T45? 200000 200000 340000 340000 170000 500000 December 31, Sales Expenses 2022 Big Investment income Net income 300000 250000 30000 80000 160000 Little dr 250000 220000 30000 30000 30000 30000 30000 Consol. 550000 470000 80000 160000 December 31, 2023 Sales Expenses Investment income Net income o o

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